Strategic Financial Group LLC Has $242,000 Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Strategic Financial Group LLC lowered its position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 20.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,812 shares of the exchange traded fund’s stock after selling 1,499 shares during the quarter. Strategic Financial Group LLC’s holdings in SPDR S&P Homebuilders ETF were worth $242,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in XHB. Q3 Asset Management acquired a new position in shares of SPDR S&P Homebuilders ETF in the first quarter valued at approximately $3,132,000. Ellis Investment Partners LLC increased its position in SPDR S&P Homebuilders ETF by 3,053.2% during the 1st quarter. Ellis Investment Partners LLC now owns 968,936 shares of the exchange traded fund’s stock valued at $968,000 after purchasing an additional 938,207 shares during the period. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management acquired a new stake in SPDR S&P Homebuilders ETF during the 2nd quarter valued at approximately $20,673,000. K.J. Harrison & Partners Inc acquired a new stake in SPDR S&P Homebuilders ETF during the 1st quarter valued at approximately $11,102,000. Finally, Virtu Financial LLC acquired a new stake in SPDR S&P Homebuilders ETF during the 1st quarter valued at approximately $10,486,000.

NYSEARCA:XHB traded down $0.53 on Friday, reaching $41.10. 1,368,978 shares of the stock traded hands, compared to its average volume of 2,725,683. The firm has a 50 day moving average of $41.64. SPDR S&P Homebuilders ETF has a 1-year low of $30.56 and a 1-year high of $42.90.

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.

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Institutional Ownership by Quarter for SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

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