SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Shares Sold by Truist Financial Corp

Truist Financial Corp reduced its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 10.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,587 shares of the exchange traded fund’s stock after selling 1,527 shares during the quarter. Truist Financial Corp owned about 0.08% of SPDR S&P Homebuilders ETF worth $1,420,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in XHB. Howe & Rusling Inc. acquired a new stake in shares of SPDR S&P Homebuilders ETF during the third quarter worth $28,000. Financial Life Planners purchased a new position in SPDR S&P Homebuilders ETF during the fourth quarter worth about $45,000. New Wave Wealth Advisors LLC acquired a new stake in SPDR S&P Homebuilders ETF in the 4th quarter worth about $52,000. St. Johns Investment Management Company LLC acquired a new stake in SPDR S&P Homebuilders ETF in the 4th quarter worth about $65,000. Finally, EP Wealth Advisors LLC purchased a new stake in SPDR S&P Homebuilders ETF in the 3rd quarter valued at about $120,000.

SPDR S&P Homebuilders ETF Price Performance

Shares of XHB stock opened at $100.72 on Friday. The firm’s 50-day simple moving average is $106.33 and its 200-day simple moving average is $113.91. SPDR S&P Homebuilders ETF has a 1-year low of $97.40 and a 1-year high of $126.09. The firm has a market cap of $1.62 billion, a P/E ratio of 12.86 and a beta of 1.48.

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.