Private Wealth Advisors LLC Has $292,000 Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

by · The Cerbat Gem

Private Wealth Advisors LLC lessened its holdings in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Free Report) by 12.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,345 shares of the exchange traded fund’s stock after selling 320 shares during the period. Private Wealth Advisors LLC’s holdings in SPDR S&P Homebuilders ETF were worth $292,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of XHB. Family Firm Inc. acquired a new position in shares of SPDR S&P Homebuilders ETF in the second quarter valued at approximately $62,000. National Bank of Canada FI boosted its stake in SPDR S&P Homebuilders ETF by 238.1% in the 2nd quarter. National Bank of Canada FI now owns 710 shares of the exchange traded fund’s stock worth $70,000 after purchasing an additional 500 shares during the period. ORG Partners LLC bought a new position in SPDR S&P Homebuilders ETF during the 2nd quarter worth about $93,000. Northwest Investment Counselors LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF in the 3rd quarter valued at about $98,000. Finally, TruNorth Capital Management LLC bought a new stake in shares of SPDR S&P Homebuilders ETF in the second quarter valued at about $101,000.

SPDR S&P Homebuilders ETF Stock Performance

SPDR S&P Homebuilders ETF stock traded down $2.20 during midday trading on Tuesday, reaching $117.06. The stock had a trading volume of 759,319 shares, compared to its average volume of 2,381,133. The stock has a market capitalization of $2.04 billion, a P/E ratio of 15.57 and a beta of 1.38. The firm’s fifty day simple moving average is $119.49 and its 200-day simple moving average is $111.63. SPDR S&P Homebuilders ETF has a 1-year low of $76.56 and a 1-year high of $126.07.

SPDR S&P Homebuilders ETF Profile

(Free Report)

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.

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