Private Advisor Group LLC Sells 98,381 Shares of SPDR S&P Homebuilders ETF $XHB

Private Advisor Group LLC lessened its position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 93.5% in the first quarter, according to its most recent filing with the SEC. The firm owned 6,869 shares of the exchange traded fund’s stock after selling 98,381 shares during the quarter. Private Advisor Group LLC’s holdings in SPDR S&P Homebuilders ETF were worth $678,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in XHB. Soros Fund Management LLC bought a new stake in shares of SPDR S&P Homebuilders ETF in the 4th quarter valued at $20,858,000. Balyasny Asset Management L.P. bought a new position in SPDR S&P Homebuilders ETF during the fourth quarter worth $16,327,000. Nan Fung Trinity HK Ltd. acquired a new position in SPDR S&P Homebuilders ETF in the fourth quarter valued at $15,963,000. J. Goldman & Co LP lifted its holdings in SPDR S&P Homebuilders ETF by 130.4% in the fourth quarter. J. Goldman & Co LP now owns 35,722 shares of the exchange traded fund’s stock valued at $3,678,000 after buying an additional 153,318 shares during the period. Finally, Maven Securities LTD boosted its position in SPDR S&P Homebuilders ETF by 119.6% during the fourth quarter. Maven Securities LTD now owns 21,562 shares of the exchange traded fund’s stock valued at $2,221,000 after acquiring an additional 131,329 shares during the last quarter.

SPDR S&P Homebuilders ETF Trading Up 0.7%

Shares of XHB opened at $108.92 on Thursday. The firm’s fifty day simple moving average is $105.97 and its two-hundred day simple moving average is $107.36. SPDR S&P Homebuilders ETF has a 12 month low of $93.57 and a 12 month high of $123.13. The stock has a market capitalization of $1.94 billion, a P/E ratio of 11.47 and a beta of 1.24.

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.