Edmond DE Rothschild Holding S.A. cut its holdings in shares of SPDR S&P Homebuilders (NYSE:XHB) by 53.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 71,430 shares of the exchange traded fund’s stock after selling 80,510 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in SPDR S&P Homebuilders were worth $2,752,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Arbitrage SA raised its holdings in shares of SPDR S&P Homebuilders by 30.2% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 619,937 shares of the exchange traded fund’s stock worth $23,886,000 after purchasing an additional 143,694 shares during the period. Harbour Capital Advisors LLC raised its holdings in shares of SPDR S&P Homebuilders by 3,280.7% in the 2nd quarter. Harbour Capital Advisors LLC now owns 262,004 shares of the exchange traded fund’s stock worth $6,800,000 after purchasing an additional 254,254 shares during the period. Alerus Financial NA raised its holdings in shares of SPDR S&P Homebuilders by 53.4% in the 2nd quarter. Alerus Financial NA now owns 213,171 shares of the exchange traded fund’s stock worth $8,213,000 after purchasing an additional 74,213 shares during the period. Brookstone Capital Management purchased a new position in shares of SPDR S&P Homebuilders in the 2nd quarter worth about $6,815,000. Finally, Karp Capital Management Corp raised its holdings in shares of SPDR S&P Homebuilders by 18.2% in the 2nd quarter. Karp Capital Management Corp now owns 118,918 shares of the exchange traded fund’s stock worth $4,582,000 after purchasing an additional 18,342 shares during the period.

ILLEGAL ACTIVITY NOTICE: This report was first published by Daily Political and is the property of of Daily Political. If you are viewing this report on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://www.dailypolitical.com/2017/09/17/spdr-sp-homebuilders-xhb-position-trimmed-by-edmond-de-rothschild-holding-s-a.html.

SPDR S&P Homebuilders (XHB) opened at 38.77 on Friday. SPDR S&P Homebuilders has a 12-month low of $30.92 and a 12-month high of $39.50. The stock has a 50 day moving average price of $38.28 and a 200-day moving average price of $37.87.

The business also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Monday, September 18th will be issued a dividend of $0.07 per share. The ex-dividend date is Friday, September 15th. This represents a $0.28 annualized dividend and a dividend yield of 0.72%.

SPDR S&P Homebuilders Company 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.

Institutional Ownership by Quarter for SPDR S&P Homebuilders (NYSE:XHB)

Receive News & Ratings for SPDR S&P Homebuilders Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Homebuilders and related companies with MarketBeat.com's FREE daily email newsletter.