SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Stock Holdings Lowered by BNP Paribas Financial Markets

BNP Paribas Financial Markets reduced its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 60.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 456,597 shares of the exchange traded fund’s stock after selling 690,892 shares during the quarter. BNP Paribas Financial Markets owned 2.62% of SPDR S&P Homebuilders ETF worth $56,874,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Harbour Investments Inc. raised its holdings in shares of SPDR S&P Homebuilders ETF by 26.9% during the second quarter. Harbour Investments Inc. now owns 7,113 shares of the exchange traded fund’s stock valued at $719,000 after acquiring an additional 1,507 shares during the period. Raymond James & Associates raised its holdings in shares of SPDR S&P Homebuilders ETF by 0.3% during the second quarter. Raymond James & Associates now owns 32,549 shares of the exchange traded fund’s stock valued at $3,290,000 after acquiring an additional 106 shares during the period. Mackenzie Financial Corp raised its holdings in shares of SPDR S&P Homebuilders ETF by 62.0% during the second quarter. Mackenzie Financial Corp now owns 12,880 shares of the exchange traded fund’s stock valued at $1,302,000 after acquiring an additional 4,930 shares during the period. HB Wealth Management LLC raised its holdings in shares of SPDR S&P Homebuilders ETF by 22.8% during the second quarter. HB Wealth Management LLC now owns 3,684 shares of the exchange traded fund’s stock valued at $372,000 after acquiring an additional 684 shares during the period. Finally, SG Americas Securities LLC raised its holdings in shares of SPDR S&P Homebuilders ETF by 12.7% during the third quarter. SG Americas Securities LLC now owns 4,736 shares of the exchange traded fund’s stock valued at $590,000 after acquiring an additional 535 shares during the period.

SPDR S&P Homebuilders ETF Price Performance

XHB stock opened at $122.57 on Thursday. SPDR S&P Homebuilders ETF has a 52-week low of $81.76 and a 52-week high of $126.09. The company’s 50 day simple moving average is $120.12 and its 200-day simple moving average is $112.65. The firm has a market capitalization of $2.14 billion, a P/E ratio of 15.57 and a beta of 1.38.

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.