SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Holdings Lowered by Quantbot Technologies LP

Quantbot Technologies LP cut its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 3.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,166 shares of the exchange traded fund’s stock after selling 521 shares during the period. Quantbot Technologies LP owned approximately 0.09% of SPDR S&P Homebuilders ETF worth $1,585,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Kestra Private Wealth Services LLC bought a new position in SPDR S&P Homebuilders ETF during the 4th quarter valued at $502,000. Rockefeller Capital Management L.P. raised its position in SPDR S&P Homebuilders ETF by 13.8% in the third quarter. Rockefeller Capital Management L.P. now owns 31,886 shares of the exchange traded fund’s stock worth $3,972,000 after acquiring an additional 3,867 shares in the last quarter. Principal Financial Group Inc. acquired a new stake in SPDR S&P Homebuilders ETF in the 4th quarter valued at about $3,030,000. HB Wealth Management LLC boosted its position in shares of SPDR S&P Homebuilders ETF by 21.7% during the 4th quarter. HB Wealth Management LLC now owns 4,484 shares of the exchange traded fund’s stock valued at $469,000 after purchasing an additional 800 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of SPDR S&P Homebuilders ETF by 62.5% in the 4th quarter. Jones Financial Companies Lllp now owns 5,355 shares of the exchange traded fund’s stock worth $560,000 after purchasing an additional 2,059 shares during the last quarter.

SPDR S&P Homebuilders ETF Price Performance

XHB stock opened at $100.19 on Tuesday. The firm has a market cap of $1.48 billion, a PE ratio of 12.18 and a beta of 1.51. SPDR S&P Homebuilders ETF has a 12 month low of $95.18 and a 12 month high of $126.09. The firm has a 50 day simple moving average of $104.43 and a 200 day simple moving average of $112.18.

SPDR S&P Homebuilders ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be given a dividend of $0.313 per share. The ex-dividend date of this dividend is Monday, March 24th. This is an increase from SPDR S&P Homebuilders ETF’s previous dividend of $0.15.

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.