Northwestern Mutual Wealth Management Co. Sells 382 Shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Northwestern Mutual Wealth Management Co. trimmed its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 8.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,048 shares of the exchange traded fund’s stock after selling 382 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in SPDR S&P Homebuilders ETF were worth $409,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in XHB. Family Firm Inc. purchased a new position in SPDR S&P Homebuilders ETF during the 2nd quarter worth $62,000. Creekmur Asset Management LLC bought a new stake in SPDR S&P Homebuilders ETF in the 4th quarter worth about $63,000. VitalStone Financial LLC grew its position in SPDR S&P Homebuilders ETF by 13,920.0% in the 4th quarter. VitalStone Financial LLC now owns 701 shares of the exchange traded fund’s stock worth $67,000 after purchasing an additional 696 shares in the last quarter. National Bank of Canada FI increased its stake in SPDR S&P Homebuilders ETF by 238.1% in the 2nd quarter. National Bank of Canada FI now owns 710 shares of the exchange traded fund’s stock valued at $70,000 after buying an additional 500 shares during the last quarter. Finally, Northwest Investment Counselors LLC bought a new position in shares of SPDR S&P Homebuilders ETF during the 1st quarter worth approximately $88,000.

SPDR S&P Homebuilders ETF Stock Up 0.6 %

XHB stock opened at $122.05 on Wednesday. The firm has a market cap of $2.13 billion, a PE ratio of 15.57 and a beta of 1.38. The business has a 50 day moving average of $116.25 and a 200-day moving average of $109.36. SPDR S&P Homebuilders ETF has a 12-month low of $69.32 and a 12-month high of $125.48.

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.