PNC Financial Services Group Inc. Sells 6,018 Shares of SPDR S&P Homebuilders ETF $XHB

PNC Financial Services Group Inc. lowered its position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 15.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,840 shares of the exchange traded fund’s stock after selling 6,018 shares during the period. PNC Financial Services Group Inc. owned about 0.22% of SPDR S&P Homebuilders ETF worth $3,143,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Garrison Point Advisors LLC increased its position in shares of SPDR S&P Homebuilders ETF by 1.5% in the fourth quarter. Garrison Point Advisors LLC now owns 9,955 shares of the exchange traded fund’s stock valued at $1,025,000 after acquiring an additional 145 shares during the period. Quantbot Technologies LP boosted its holdings in shares of SPDR S&P Homebuilders ETF by 66.4% during the third quarter. Quantbot Technologies LP now owns 426 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 170 shares during the period. FLP Wealth Management LLC boosted its holdings in shares of SPDR S&P Homebuilders ETF by 7.4% during the first quarter. FLP Wealth Management LLC now owns 2,564 shares of the exchange traded fund’s stock worth $253,000 after purchasing an additional 177 shares during the period. Wealth Watch Advisors INC grew its stake in shares of SPDR S&P Homebuilders ETF by 33.5% in the fourth quarter. Wealth Watch Advisors INC now owns 737 shares of the exchange traded fund’s stock worth $76,000 after purchasing an additional 185 shares during the last quarter. Finally, Copia Wealth Management grew its stake in shares of SPDR S&P Homebuilders ETF by 79.2% in the fourth quarter. Copia Wealth Management now owns 430 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 190 shares during the last quarter.

SPDR S&P Homebuilders ETF Price Performance

Shares of NYSEARCA:XHB opened at $109.64 on Wednesday. SPDR S&P Homebuilders ETF has a 1 year low of $93.57 and a 1 year high of $123.13. The company has a market cap of $1.79 billion, a PE ratio of 11.47 and a beta of 1.24. The stock’s 50-day moving average is $107.54 and its 200 day moving average is $107.59.

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.