Meitav Investment House Ltd. Sells 59,200 Shares of SPDR S&P Homebuilders ETF $XHB

Meitav Investment House Ltd. lessened its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHBFree Report) by 28.8% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 146,159 shares of the exchange traded fund’s stock after selling 59,200 shares during the period. Meitav Investment House Ltd. owned about 0.98% of SPDR S&P Homebuilders ETF worth $14,429,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Integrated Advisors Network LLC raised its position in SPDR S&P Homebuilders ETF by 15.7% in the first quarter. Integrated Advisors Network LLC now owns 8,944 shares of the exchange traded fund’s stock worth $883,000 after acquiring an additional 1,212 shares during the period. FLP Wealth Management LLC grew its position in shares of SPDR S&P Homebuilders ETF by 7.4% during the 1st quarter. FLP Wealth Management LLC now owns 2,564 shares of the exchange traded fund’s stock valued at $253,000 after acquiring an additional 177 shares during the period. GM Advisory Group LLC grew its position in shares of SPDR S&P Homebuilders ETF by 110.8% during the 1st quarter. GM Advisory Group LLC now owns 5,547 shares of the exchange traded fund’s stock valued at $548,000 after acquiring an additional 2,915 shares during the period. St. Johns Investment Management Company LLC grew its position in shares of SPDR S&P Homebuilders ETF by 28.7% during the 1st quarter. St. Johns Investment Management Company LLC now owns 10,625 shares of the exchange traded fund’s stock valued at $1,049,000 after acquiring an additional 2,372 shares during the period. Finally, Evolution Wealth Management Inc. purchased a new stake in shares of SPDR S&P Homebuilders ETF in the 1st quarter worth $37,000.

SPDR S&P Homebuilders ETF Trading Down 1.6%

SPDR S&P Homebuilders ETF stock traded down $1.82 during trading on Tuesday, reaching $109.47. The company had a trading volume of 719,619 shares, compared to its average volume of 2,592,368. SPDR S&P Homebuilders ETF has a 52 week low of $93.57 and a 52 week high of $123.13. The firm’s 50-day simple moving average is $105.70 and its 200 day simple moving average is $107.21. The firm has a market capitalization of $1.84 billion, a price-to-earnings ratio of 11.47 and a beta of 1.24.

About SPDR S&P Homebuilders ETF

(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.

Read More

Want to see what other hedge funds are holding XHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Homebuilders ETF (NYSEARCA:XHBFree Report).

Institutional Ownership by Quarter for SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Receive News & Ratings for SPDR S&P Homebuilders ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Homebuilders ETF and related companies with MarketBeat.com's FREE daily email newsletter.