Meitav Investment House Ltd. Grows Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Meitav Investment House Ltd. raised its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 0.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 137,049 shares of the exchange traded fund’s stock after buying an additional 1,156 shares during the period. Meitav Investment House Ltd. owned about 0.79% of SPDR S&P Homebuilders ETF worth $17,042,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in XHB. Mirae Asset Securities USA Inc. acquired a new stake in SPDR S&P Homebuilders ETF during the 2nd quarter worth $50,540,000. Passaic Partners LLC purchased a new position in shares of SPDR S&P Homebuilders ETF during the 1st quarter worth $13,326,000. Cetera Investment Advisers lifted its position in SPDR S&P Homebuilders ETF by 507.8% during the first quarter. Cetera Investment Advisers now owns 75,473 shares of the exchange traded fund’s stock worth $8,422,000 after buying an additional 63,055 shares during the period. Bricktown Capital LLC purchased a new position in shares of SPDR S&P Homebuilders ETF during the 2nd quarter worth about $5,518,000. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of SPDR S&P Homebuilders ETF by 5.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,048,800 shares of the exchange traded fund’s stock valued at $117,037,000 after purchasing an additional 53,120 shares during the last quarter.

SPDR S&P Homebuilders ETF Price Performance

NYSEARCA XHB opened at $114.54 on Thursday. SPDR S&P Homebuilders ETF has a 1-year low of $71.12 and a 1-year high of $126.07. The business’s 50-day simple moving average is $119.45 and its 200-day simple moving average is $110.67. The firm has a market capitalization of $2.00 billion, a P/E ratio of 15.57 and a beta of 1.38.

SPDR S&P Homebuilders ETF 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.