CoreCap Advisors LLC Sells 291 Shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

CoreCap Advisors LLC decreased its stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 33.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 592 shares of the exchange traded fund’s stock after selling 291 shares during the period. CoreCap Advisors LLC’s holdings in SPDR S&P Homebuilders ETF were worth $62,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XHB. Blair William & Co. IL raised its position in SPDR S&P Homebuilders ETF by 142.9% in the fourth quarter. Blair William & Co. IL now owns 1,064 shares of the exchange traded fund’s stock worth $111,000 after acquiring an additional 626 shares during the period. O Shaughnessy Asset Management LLC raised its position in SPDR S&P Homebuilders ETF by 463.9% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 671 shares of the exchange traded fund’s stock worth $70,000 after acquiring an additional 552 shares during the period. Kestra Private Wealth Services LLC bought a new position in SPDR S&P Homebuilders ETF in the fourth quarter worth approximately $502,000. Principal Financial Group Inc. bought a new position in SPDR S&P Homebuilders ETF in the fourth quarter worth approximately $3,030,000. Finally, HB Wealth Management LLC raised its position in SPDR S&P Homebuilders ETF by 21.7% in the fourth quarter. HB Wealth Management LLC now owns 4,484 shares of the exchange traded fund’s stock worth $469,000 after acquiring an additional 800 shares during the period.

SPDR S&P Homebuilders ETF Trading Up 0.3%

XHB opened at $101.21 on Wednesday. SPDR S&P Homebuilders ETF has a 1-year low of $84.48 and a 1-year high of $126.09. The company has a market capitalization of $1.34 billion, a PE ratio of 12.26 and a beta of 1.35. The firm’s 50 day simple moving average is $95.19 and its two-hundred day simple moving average is $105.23.

About SPDR S&P Homebuilders ETF

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.