Bank of Montreal Can decreased its position in shares of SPDR S&P Homebuilders (NYSEARCA:XHB) by 6.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 59,019 shares of the exchange traded fund’s stock after selling 4,190 shares during the period. Bank of Montreal Can’s holdings in SPDR S&P Homebuilders were worth $2,612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Atria Investments LLC grew its stake in shares of SPDR S&P Homebuilders by 18.4% during the 4th quarter. Atria Investments LLC now owns 7,606 shares of the exchange traded fund’s stock worth $337,000 after purchasing an additional 1,180 shares during the period. Karp Capital Management Corp grew its stake in shares of SPDR S&P Homebuilders by 1.1% during the 3rd quarter. Karp Capital Management Corp now owns 120,280 shares of the exchange traded fund’s stock worth $4,790,000 after purchasing an additional 1,362 shares during the period. Ameriprise Financial Inc. grew its stake in shares of SPDR S&P Homebuilders by 26.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 10,776 shares of the exchange traded fund’s stock worth $415,000 after purchasing an additional 2,278 shares during the period. Advisory Services Network LLC grew its stake in shares of SPDR S&P Homebuilders by 47.1% during the 2nd quarter. Advisory Services Network LLC now owns 12,626 shares of the exchange traded fund’s stock worth $486,000 after purchasing an additional 4,045 shares during the period. Finally, Neuberger Berman Group LLC acquired a new stake in shares of SPDR S&P Homebuilders during the 3rd quarter worth approximately $239,000.

Shares of SPDR S&P Homebuilders (NYSEARCA XHB) opened at $41.22 on Friday. SPDR S&P Homebuilders has a one year low of $34.28 and a one year high of $47.20.

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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.

Want to see what other hedge funds are holding XHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Homebuilders (NYSEARCA:XHB).

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

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