Janney Montgomery Scott LLC Sells 6,603 Shares of SPDR S&P Homebuilders ETF $XHB

Janney Montgomery Scott LLC trimmed its holdings in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 50.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,465 shares of the exchange traded fund’s stock after selling 6,603 shares during the quarter. Janney Montgomery Scott LLC’s holdings in SPDR S&P Homebuilders ETF were worth $638,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Elevated Capital Advisors LLC purchased a new position in shares of SPDR S&P Homebuilders ETF during the 4th quarter worth $28,000. Strive Financial Group LLC bought a new position in SPDR S&P Homebuilders ETF in the 4th quarter worth $31,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in SPDR S&P Homebuilders ETF in the 4th quarter worth $32,000. Copia Wealth Management lifted its position in SPDR S&P Homebuilders ETF by 79.2% during the fourth quarter. Copia Wealth Management now owns 430 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 190 shares in the last quarter. Finally, Quantbot Technologies LP lifted its position in SPDR S&P Homebuilders ETF by 66.4% during the third quarter. Quantbot Technologies LP now owns 426 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 170 shares in the last quarter.

SPDR S&P Homebuilders ETF Stock Performance

NYSEARCA:XHB opened at $108.16 on Wednesday. The stock has a 50-day simple moving average of $105.90 and a two-hundred day simple moving average of $107.33. The firm has a market capitalization of $1.93 billion, a PE ratio of 11.47 and a beta of 1.24. SPDR S&P Homebuilders ETF has a 52-week low of $93.57 and a 52-week high of $123.13.

About SPDR S&P Homebuilders ETF

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.