Cambridge Investment Research Advisors Inc. Sells 2,819 Shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Cambridge Investment Research Advisors Inc. reduced its holdings in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Get Rating) by 15.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 15,677 shares of the exchange traded fund’s stock after selling 2,819 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in SPDR S&P Homebuilders ETF were worth $946,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of XHB. Maven Securities LTD bought a new stake in SPDR S&P Homebuilders ETF during the 3rd quarter valued at $212,000. Zweig DiMenna Associates LLC bought a new stake in SPDR S&P Homebuilders ETF during the 4th quarter valued at $844,000. Advisor OS LLC raised its position in SPDR S&P Homebuilders ETF by 9.4% during the 4th quarter. Advisor OS LLC now owns 23,080 shares of the exchange traded fund’s stock valued at $1,392,000 after purchasing an additional 1,980 shares in the last quarter. Ellis Investment Partners LLC raised its position in SPDR S&P Homebuilders ETF by 1.1% during the 4th quarter. Ellis Investment Partners LLC now owns 23,142 shares of the exchange traded fund’s stock valued at $1,396,000 after purchasing an additional 245 shares in the last quarter. Finally, Arcus Capital Partners LLC bought a new stake in SPDR S&P Homebuilders ETF during the 4th quarter valued at $647,000.

SPDR S&P Homebuilders ETF Stock Down 1.7 %

Shares of NYSEARCA XHB opened at $71.64 on Friday. The business has a fifty day simple moving average of $68.06 and a two-hundred day simple moving average of $65.49. The firm has a market cap of $974.30 million, a PE ratio of 7.34 and a beta of 1.32. SPDR S&P Homebuilders ETF has a twelve month low of $51.23 and a twelve month high of $73.08.

About SPDR S&P Homebuilders ETF

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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.