SPDR S&P Homebuilders ETF $XHB Shares Sold by Peterson Wealth Management

Peterson Wealth Management lowered its position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 31.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,557 shares of the exchange traded fund’s stock after selling 12,471 shares during the quarter. SPDR S&P Homebuilders ETF accounts for approximately 2.1% of Peterson Wealth Management’s holdings, making the stock its 16th biggest holding. Peterson Wealth Management owned about 0.17% of SPDR S&P Homebuilders ETF worth $2,837,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Founders Financial Alliance LLC bought a new stake in shares of SPDR S&P Homebuilders ETF in the 3rd quarter worth about $27,000. Elevated Capital Advisors LLC bought a new stake in shares of SPDR S&P Homebuilders ETF in the 4th quarter worth about $28,000. Allspring Global Investments Holdings LLC bought a new stake in shares of SPDR S&P Homebuilders ETF in the 3rd quarter worth about $33,000. Bangor Savings Bank bought a new stake in shares of SPDR S&P Homebuilders ETF in the 3rd quarter worth about $44,000. Finally, Quantbot Technologies LP increased its position in shares of SPDR S&P Homebuilders ETF by 66.4% in the 3rd quarter. Quantbot Technologies LP now owns 426 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 170 shares during the last quarter.

SPDR S&P Homebuilders ETF Stock Performance

XHB opened at $102.51 on Monday. The company has a 50-day moving average of $104.04 and a 200-day moving average of $107.33. The company has a market capitalization of $1.50 billion, a P/E ratio of 11.47 and a beta of 1.30. SPDR S&P Homebuilders ETF has a 1-year low of $91.71 and a 1-year high of $123.13.

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.