Sigma Planning Corp Reduces Stock Holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Sigma Planning Corp lowered its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 35.5% during the fourth quarter, Holdings Channel reports. The fund owned 7,971 shares of the exchange traded fund’s stock after selling 4,381 shares during the quarter. Sigma Planning Corp’s holdings in SPDR S&P Homebuilders ETF were worth $833,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in XHB. Meitav Investment House Ltd. boosted its holdings in SPDR S&P Homebuilders ETF by 54.9% in the fourth quarter. Meitav Investment House Ltd. now owns 212,293 shares of the exchange traded fund’s stock valued at $22,185,000 after purchasing an additional 75,244 shares during the last quarter. Kingsview Wealth Management LLC boosted its stake in shares of SPDR S&P Homebuilders ETF by 2,386.5% in the third quarter. Kingsview Wealth Management LLC now owns 63,554 shares of the exchange traded fund’s stock worth $7,916,000 after buying an additional 60,998 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of SPDR S&P Homebuilders ETF by 143.9% in the third quarter. PNC Financial Services Group Inc. now owns 82,907 shares of the exchange traded fund’s stock worth $10,327,000 after buying an additional 48,910 shares during the last quarter. Principal Financial Group Inc. acquired a new stake in SPDR S&P Homebuilders ETF during the fourth quarter worth about $3,030,000. Finally, Peterson Wealth Management purchased a new position in SPDR S&P Homebuilders ETF during the third quarter valued at approximately $3,189,000.

SPDR S&P Homebuilders ETF Trading Up 2.7 %

Shares of NYSEARCA:XHB opened at $103.34 on Wednesday. SPDR S&P Homebuilders ETF has a 12-month low of $97.40 and a 12-month high of $126.09. The business has a 50 day moving average of $106.50 and a two-hundred day moving average of $114.08. The company has a market capitalization of $1.66 billion, a PE ratio of 12.86 and a beta of 1.48.

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.