BNP Paribas Financial Markets Trims Position in SPDR S&P Homebuilders ETF $XHB

BNP Paribas Financial Markets lessened its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 46.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 388,775 shares of the exchange traded fund’s stock after selling 331,987 shares during the quarter. BNP Paribas Financial Markets’ holdings in SPDR S&P Homebuilders ETF were worth $40,028,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in XHB. Jones Financial Companies Lllp increased its stake in SPDR S&P Homebuilders ETF by 24.0% in the 1st quarter. Jones Financial Companies Lllp now owns 6,638 shares of the exchange traded fund’s stock worth $643,000 after buying an additional 1,283 shares during the period. Focus Partners Wealth increased its stake in SPDR S&P Homebuilders ETF by 190.6% in the 1st quarter. Focus Partners Wealth now owns 8,710 shares of the exchange traded fund’s stock worth $844,000 after buying an additional 5,713 shares during the period. Raymond James Financial Inc. increased its stake in SPDR S&P Homebuilders ETF by 116.3% in the 2nd quarter. Raymond James Financial Inc. now owns 227,098 shares of the exchange traded fund’s stock worth $22,385,000 after buying an additional 122,089 shares during the period. BTG Pactual Asset Management US LLC purchased a new position in SPDR S&P Homebuilders ETF in the 2nd quarter worth about $106,000. Finally, Group One Trading LLC increased its stake in SPDR S&P Homebuilders ETF by 239.4% in the 2nd quarter. Group One Trading LLC now owns 20,115 shares of the exchange traded fund’s stock worth $1,983,000 after buying an additional 14,188 shares during the period.

SPDR S&P Homebuilders ETF Price Performance

XHB stock opened at $103.89 on Thursday. The company has a market capitalization of $1.52 billion, a PE ratio of 11.47 and a beta of 1.30. SPDR S&P Homebuilders ETF has a 12 month low of $92.86 and a 12 month high of $123.13. The firm’s 50-day moving average is $102.17 and its 200 day moving average is $106.57.

SPDR S&P Homebuilders ETF 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.