SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Shares Sold by Mirae Asset Securities USA Inc.

Mirae Asset Securities USA Inc. lowered its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 50.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 250,000 shares of the exchange traded fund’s stock after selling 250,000 shares during the quarter. SPDR S&P Homebuilders ETF accounts for about 1.3% of Mirae Asset Securities USA Inc.’s investment portfolio, making the stock its 8th largest position. Mirae Asset Securities USA Inc.’s holdings in SPDR S&P Homebuilders ETF were worth $31,140,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Passaic Partners LLC acquired a new position in shares of SPDR S&P Homebuilders ETF during the first quarter valued at about $13,326,000. Cetera Investment Advisers increased its stake in SPDR S&P Homebuilders ETF by 507.8% during the first quarter. Cetera Investment Advisers now owns 75,473 shares of the exchange traded fund’s stock valued at $8,422,000 after acquiring an additional 63,055 shares during the period. Bricktown Capital LLC acquired a new position in SPDR S&P Homebuilders ETF in the 2nd quarter valued at approximately $5,518,000. Price T Rowe Associates Inc. MD lifted its position in shares of SPDR S&P Homebuilders ETF by 5.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,048,800 shares of the exchange traded fund’s stock worth $117,037,000 after acquiring an additional 53,120 shares during the period. Finally, SMI Advisory Services LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF during the 3rd quarter worth approximately $5,873,000.

SPDR S&P Homebuilders ETF Trading Down 0.9 %

XHB opened at $115.68 on Friday. The stock’s 50 day simple moving average is $119.78 and its 200-day simple moving average is $111.87. The stock has a market cap of $2.02 billion, a PE ratio of 15.57 and a beta of 1.38. SPDR S&P Homebuilders ETF has a 1 year low of $81.40 and a 1 year high of $126.07.

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.