SPDR S&P Homebuilders (XHB) Position Cut by Bank Hapoalim BM

Bank Hapoalim BM lowered its position in shares of SPDR S&P Homebuilders (NYSE:XHB) by 0.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 505,078 shares of the exchange traded fund’s stock after selling 4,310 shares during the quarter. SPDR S&P Homebuilders accounts for about 4.6% of Bank Hapoalim BM’s investment portfolio, making the stock its 4th biggest holding. Bank Hapoalim BM’s holdings in SPDR S&P Homebuilders were worth $19,461,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Parallel Advisors LLC grew its holdings in SPDR S&P Homebuilders by 12.6% during the second quarter. Parallel Advisors LLC now owns 2,683 shares of the exchange traded fund’s stock valued at $103,000 after purchasing an additional 301 shares during the period. Private Advisor Group LLC acquired a new position in SPDR S&P Homebuilders during the second quarter valued at approximately $215,000. BB&T Securities LLC acquired a new position in SPDR S&P Homebuilders during the second quarter valued at approximately $259,000. Ameriprise Financial Inc. grew its holdings in SPDR S&P Homebuilders by 26.8% during the second quarter. Ameriprise Financial Inc. now owns 10,776 shares of the exchange traded fund’s stock valued at $415,000 after purchasing an additional 2,278 shares during the period. Finally, Banque Pictet & Cie SA grew its holdings in SPDR S&P Homebuilders by 1.2% during the second quarter. Banque Pictet & Cie SA now owns 12,345 shares of the exchange traded fund’s stock valued at $476,000 after purchasing an additional 145 shares during the period.

SPDR S&P Homebuilders (XHB) traded down 0.13% on Friday, hitting $38.77. 3,349,889 shares of the stock traded hands. SPDR S&P Homebuilders has a 1-year low of $30.92 and a 1-year high of $39.50. The stock has a 50-day moving average price of $38.28 and a 200 day moving average price of $37.87.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Monday, September 18th will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, September 15th. This represents a $0.28 annualized dividend and a yield of 0.72%.

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About SPDR S&P Homebuilders

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.

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

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