Raymond James & Associates Sells 5,342 Shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Raymond James & Associates decreased its position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Get Rating) by 7.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 67,506 shares of the exchange traded fund’s stock after selling 5,342 shares during the quarter. Raymond James & Associates’ holdings in SPDR S&P Homebuilders ETF were worth $4,072,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of XHB. Ellis Investment Partners LLC boosted its stake in shares of SPDR S&P Homebuilders ETF by 0.8% in the 3rd quarter. Ellis Investment Partners LLC now owns 22,897 shares of the exchange traded fund’s stock valued at $1,252,000 after purchasing an additional 189 shares in the last quarter. Spire Wealth Management increased its stake in shares of SPDR S&P Homebuilders ETF by 10.4% during the fourth quarter. Spire Wealth Management now owns 2,126 shares of the exchange traded fund’s stock valued at $128,000 after purchasing an additional 201 shares in the last quarter. Creative Planning lifted its holdings in shares of SPDR S&P Homebuilders ETF by 2.0% during the second quarter. Creative Planning now owns 11,721 shares of the exchange traded fund’s stock valued at $641,000 after purchasing an additional 230 shares during the last quarter. Captrust Financial Advisors increased its position in SPDR S&P Homebuilders ETF by 1.6% during the 3rd quarter. Captrust Financial Advisors now owns 16,758 shares of the exchange traded fund’s stock valued at $917,000 after buying an additional 268 shares in the last quarter. Finally, Credit Suisse AG raised its stake in SPDR S&P Homebuilders ETF by 4.5% during the second quarter. Credit Suisse AG now owns 7,532 shares of the exchange traded fund’s stock valued at $412,000 after buying an additional 321 shares during the last quarter.

SPDR S&P Homebuilders ETF Price Performance

Shares of SPDR S&P Homebuilders ETF stock opened at $69.57 on Thursday. The stock has a market cap of $946.15 million, a price-to-earnings ratio of 7.34 and a beta of 1.32. SPDR S&P Homebuilders ETF has a 1 year low of $51.23 and a 1 year high of $73.08. The firm’s 50-day moving average is $68.34 and its 200 day moving average is $65.80.

SPDR S&P Homebuilders ETF Profile

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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.