Fmr LLC Has $1.05 Million Stock Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Fmr LLC lessened its position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 1.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,411 shares of the exchange traded fund’s stock after selling 105 shares during the quarter. Fmr LLC’s holdings in SPDR S&P Homebuilders ETF were worth $1,048,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Mirae Asset Securities USA Inc. acquired a new stake in SPDR S&P Homebuilders ETF during the 2nd quarter worth approximately $50,540,000. Kingsview Wealth Management LLC grew its stake in shares of SPDR S&P Homebuilders ETF by 2,386.5% during the 3rd quarter. Kingsview Wealth Management LLC now owns 63,554 shares of the exchange traded fund’s stock worth $7,916,000 after acquiring an additional 60,998 shares in the last quarter. Bricktown Capital LLC bought a new position in shares of SPDR S&P Homebuilders ETF during the 2nd quarter worth approximately $5,518,000. PNC Financial Services Group Inc. raised its holdings in shares of SPDR S&P Homebuilders ETF by 143.9% in the third quarter. PNC Financial Services Group Inc. now owns 82,907 shares of the exchange traded fund’s stock valued at $10,327,000 after purchasing an additional 48,910 shares during the last quarter. Finally, SMI Advisory Services LLC bought a new position in SPDR S&P Homebuilders ETF in the third quarter valued at $5,873,000.

SPDR S&P Homebuilders ETF Price Performance

Shares of NYSEARCA:XHB opened at $113.26 on Tuesday. The company’s 50-day moving average price is $119.08 and its two-hundred day moving average price is $113.97. SPDR S&P Homebuilders ETF has a one year low of $90.96 and a one year high of $126.09. The stock has a market capitalization of $1.98 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.