Meitav Investment House Ltd. Trims Holdings in SPDR S&P Homebuilders ETF $XHB

Meitav Investment House Ltd. decreased its position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 28.8% during the first quarter, according to the company in its most recent filing with the Securities and 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.’s holdings in SPDR S&P Homebuilders ETF were worth $14,429,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Elevated Capital Advisors LLC bought a new position in shares of SPDR S&P Homebuilders ETF in the fourth quarter worth approximately $28,000. Strive Financial Group LLC bought a new stake in shares of SPDR S&P Homebuilders ETF during the 4th quarter valued at $31,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of SPDR S&P Homebuilders ETF during the 4th quarter valued at $32,000. Evolution Wealth Management Inc. purchased a new position in shares of SPDR S&P Homebuilders ETF during the 1st quarter valued at $37,000. Finally, Financial Life Planners bought a new position in SPDR S&P Homebuilders ETF in the 1st quarter worth $43,000.

SPDR S&P Homebuilders ETF Trading Down 1.6%

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

SPDR S&P Homebuilders ETF Company 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.