Creative Planning Lowers Stock Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Creative Planning reduced its holdings in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 2.2% during the third quarter, Holdings Channel reports. The fund owned 9,527 shares of the exchange traded fund’s stock after selling 212 shares during the period. Creative Planning’s holdings in SPDR S&P Homebuilders ETF were worth $1,187,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of XHB. Family Firm Inc. bought a new position in shares of SPDR S&P Homebuilders ETF in the second quarter worth approximately $62,000. National Bank of Canada FI lifted its position in SPDR S&P Homebuilders ETF by 238.1% during the second quarter. National Bank of Canada FI now owns 710 shares of the exchange traded fund’s stock valued at $70,000 after buying an additional 500 shares during the period. ORG Partners LLC purchased a new position in SPDR S&P Homebuilders ETF during the second quarter valued at $93,000. TruNorth Capital Management LLC purchased a new position in shares of SPDR S&P Homebuilders ETF in the 2nd quarter worth about $101,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of SPDR S&P Homebuilders ETF in the 3rd quarter worth about $117,000.

SPDR S&P Homebuilders ETF Price Performance

XHB opened at $114.21 on Friday. SPDR S&P Homebuilders ETF has a 1 year low of $71.12 and a 1 year high of $126.07. The stock has a 50-day moving average price of $119.46 and a 200-day moving average price of $110.71. The firm has a market cap of $1.99 billion, a PE ratio of 15.57 and a beta of 1.38.

SPDR S&P Homebuilders ETF Profile

SPDR S&P Homebuilders ETF (the Fund) seeks to closely match the returns and characteristics of the S&P Homebuilders Select Industry Index. The S&P Homebuilders Select Industry Index represents the homebuilding sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.