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

Peterson Wealth Management trimmed its position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 31.2% in the fourth quarter, HoldingsChannel reports. The firm owned 27,557 shares of the exchange traded fund’s stock after selling 12,471 shares during the period. SPDR S&P Homebuilders ETF makes up 2.1% of Peterson Wealth Management’s investment portfolio, making the stock its 16th largest position. Peterson Wealth Management’s holdings in SPDR S&P Homebuilders ETF were worth $2,837,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BOS Asset Management LLC boosted its stake in SPDR S&P Homebuilders ETF by 14.9% during the 4th quarter. BOS Asset Management LLC now owns 39,572 shares of the exchange traded fund’s stock valued at $4,074,000 after purchasing an additional 5,136 shares during the period. Investment Management Corp VA ADV boosted its stake in SPDR S&P Homebuilders ETF by 6,870.9% during the 3rd quarter. Investment Management Corp VA ADV now owns 5,507 shares of the exchange traded fund’s stock valued at $610,000 after purchasing an additional 5,428 shares during the period. PNC Financial Services Group Inc. boosted its stake in SPDR S&P Homebuilders ETF by 59.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 54,311 shares of the exchange traded fund’s stock valued at $6,018,000 after purchasing an additional 20,318 shares during the period. Palumbo Wealth Management LLC acquired a new position in SPDR S&P Homebuilders ETF during the 4th quarter valued at about $2,851,000. Finally, Y Intercept Hong Kong Ltd boosted its stake in SPDR S&P Homebuilders ETF by 800.4% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 29,678 shares of the exchange traded fund’s stock valued at $3,288,000 after purchasing an additional 26,382 shares during the period.

SPDR S&P Homebuilders ETF Stock Performance

Shares of NYSEARCA: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 firm has a market cap of $1.50 billion, a P/E ratio of 11.47 and a beta of 1.30. SPDR S&P Homebuilders ETF has a twelve month low of $91.71 and a twelve month 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.