BNP Paribas Financial Markets Has $56.87 Million Stock Holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

BNP Paribas Financial Markets lessened its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 60.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 456,597 shares of the exchange traded fund’s stock after selling 690,892 shares during the quarter. BNP Paribas Financial Markets’ holdings in SPDR S&P Homebuilders ETF were worth $56,874,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in XHB. Mirae Asset Securities USA Inc. bought a new stake in SPDR S&P Homebuilders ETF in the second quarter worth approximately $50,540,000. Cetera Investment Advisers grew its position in SPDR S&P Homebuilders ETF by 507.8% in the first quarter. Cetera Investment Advisers now owns 75,473 shares of the exchange traded fund’s stock worth $8,422,000 after acquiring an additional 63,055 shares in the last quarter. Kingsview Wealth Management LLC grew its position in SPDR S&P Homebuilders ETF by 2,386.5% in the third quarter. Kingsview Wealth Management LLC now owns 63,554 shares of the exchange traded fund’s stock worth $7,916,000 after acquiring an additional 60,998 shares in the last quarter. Bricktown Capital LLC bought a new stake in SPDR S&P Homebuilders ETF in the second quarter worth approximately $5,518,000. Finally, PNC Financial Services Group Inc. grew its position in SPDR S&P Homebuilders ETF by 143.9% in the third quarter. PNC Financial Services Group Inc. now owns 82,907 shares of the exchange traded fund’s stock worth $10,327,000 after acquiring an additional 48,910 shares in the last quarter.

SPDR S&P Homebuilders ETF Trading Down 0.2 %

NYSEARCA XHB opened at $122.57 on Thursday. The company has a fifty day simple moving average of $120.12 and a 200 day simple moving average of $112.65. The company has a market cap of $2.14 billion, a P/E ratio of 15.57 and a beta of 1.38. SPDR S&P Homebuilders ETF has a 1 year low of $81.76 and a 1 year high of $126.09.

SPDR S&P Homebuilders ETF Company Profile

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.