Janney Montgomery Scott LLC Trims Position in SPDR S&P Homebuilders ETF $XHB

Janney Montgomery Scott LLC trimmed its position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 50.5% during the 1st quarter, Holdings Channel reports. The firm owned 6,465 shares of the exchange traded fund’s stock after selling 6,603 shares during the period. Janney Montgomery Scott LLC’s holdings in SPDR S&P Homebuilders ETF were worth $638,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Global Financial Private Client LLC boosted its holdings in SPDR S&P Homebuilders ETF by 5.5% in the 1st quarter. Global Financial Private Client LLC now owns 9,296 shares of the exchange traded fund’s stock worth $918,000 after buying an additional 487 shares during the period. Viewpoint Capital Management LLC raised its holdings in SPDR S&P Homebuilders ETF by 6.2% during the first quarter. Viewpoint Capital Management LLC now owns 62,864 shares of the exchange traded fund’s stock valued at $6,206,000 after acquiring an additional 3,655 shares during the period. SG Americas Securities LLC lifted its position in shares of SPDR S&P Homebuilders ETF by 40.8% in the first quarter. SG Americas Securities LLC now owns 22,836 shares of the exchange traded fund’s stock valued at $2,254,000 after acquiring an additional 6,612 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in shares of SPDR S&P Homebuilders ETF by 173.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 31,189 shares of the exchange traded fund’s stock valued at $3,211,000 after acquiring an additional 19,793 shares in the last quarter. Finally, Larry Mathis Financial Planning LLC bought a new position in shares of SPDR S&P Homebuilders ETF in the fourth quarter worth about $1,041,000.

SPDR S&P Homebuilders ETF Trading Up 1.0%

NYSEARCA:XHB opened at $108.16 on Wednesday. The stock has a 50-day moving average price of $105.90 and a 200 day moving average price of $107.33. The stock has a market capitalization of $1.93 billion, a P/E ratio of 11.47 and a beta of 1.24. SPDR S&P Homebuilders ETF has a 12-month low of $93.57 and a 12-month 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.