BNP Paribas Financial Markets Sells 331,987 Shares of SPDR S&P Homebuilders ETF $XHB

BNP Paribas Financial Markets lessened its position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 46.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 388,775 shares of the exchange traded fund’s stock after selling 331,987 shares during the quarter. BNP Paribas Financial Markets owned 2.48% of SPDR S&P Homebuilders ETF worth $40,028,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in XHB. Barclays PLC lifted its holdings in shares of SPDR S&P Homebuilders ETF by 933.7% in the 3rd quarter. Barclays PLC now owns 871,789 shares of the exchange traded fund’s stock worth $96,594,000 after acquiring an additional 787,454 shares during the last quarter. Moore Capital Management LP bought a new stake in shares of SPDR S&P Homebuilders ETF in the 3rd quarter worth about $49,513,000. Nan Fung Trinity HK Ltd. bought a new stake in shares of SPDR S&P Homebuilders ETF in the 4th quarter worth about $15,963,000. Kingsview Wealth Management LLC bought a new stake in shares of SPDR S&P Homebuilders ETF in the 3rd quarter worth about $15,519,000. Finally, Raymond James Financial Inc. lifted its holdings in shares of SPDR S&P Homebuilders ETF by 116.3% in the 2nd quarter. Raymond James Financial Inc. now owns 227,098 shares of the exchange traded fund’s stock worth $22,385,000 after acquiring an additional 122,089 shares during the last quarter.

SPDR S&P Homebuilders ETF Trading Down 0.4%

SPDR S&P Homebuilders ETF stock opened at $103.89 on Thursday. The firm has a 50-day moving average price of $102.17 and a 200-day moving average price of $106.57. The firm has a market capitalization of $1.52 billion, a PE ratio of 11.47 and a beta of 1.30. SPDR S&P Homebuilders ETF has a 12-month low of $92.86 and a 12-month high of $123.13.

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.