Access Financial Services Inc. Cuts Holdings in SPDR S&P Homebuilders ETF $XHB

Access Financial Services Inc. lessened its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 3.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,544 shares of the exchange traded fund’s stock after selling 184 shares during the period. Access Financial Services Inc.’s holdings in SPDR S&P Homebuilders ETF were worth $546,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of XHB. Private Trust Co. NA increased its position in shares of SPDR S&P Homebuilders ETF by 794.4% during the first quarter. Private Trust Co. NA now owns 322 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 286 shares in the last quarter. Fifth Third Bancorp purchased a new stake in shares of SPDR S&P Homebuilders ETF in the 1st quarter valued at approximately $39,000. AlphaCore Capital LLC purchased a new position in SPDR S&P Homebuilders ETF in the first quarter worth approximately $52,000. SVB Wealth LLC purchased a new position in shares of SPDR S&P Homebuilders ETF during the 1st quarter worth approximately $88,000. Finally, Trexquant Investment LP purchased a new position in shares of SPDR S&P Homebuilders ETF during the first quarter worth $241,000.

SPDR S&P Homebuilders ETF Stock Performance

NYSEARCA XHB opened at $111.56 on Thursday. SPDR S&P Homebuilders ETF has a one year low of $84.48 and a one year high of $126.09. The firm has a market cap of $1.65 billion, a price-to-earnings ratio of 11.47 and a beta of 1.32. The firm has a 50 day simple moving average of $111.86 and a 200-day simple moving average of $101.97.

SPDR S&P Homebuilders ETF 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.