Global Financial Private Client LLC Raises Stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Global Financial Private Client LLC boosted its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 10.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,065 shares of the exchange traded fund’s stock after purchasing an additional 791 shares during the quarter. Global Financial Private Client LLC’s holdings in SPDR S&P Homebuilders ETF were worth $843,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Lyell Wealth Management LP grew its stake in shares of SPDR S&P Homebuilders ETF by 3.1% in the 2nd quarter. Lyell Wealth Management LP now owns 6,595 shares of the exchange traded fund’s stock worth $667,000 after buying an additional 200 shares during the last quarter. One Capital Management LLC bought a new stake in SPDR S&P Homebuilders ETF in the second quarter worth $771,000. Total Clarity Wealth Management Inc. purchased a new stake in shares of SPDR S&P Homebuilders ETF in the second quarter worth $255,000. Waterloo Capital L.P. bought a new position in shares of SPDR S&P Homebuilders ETF during the second quarter valued at $4,612,000. Finally, Leuthold Group LLC raised its position in shares of SPDR S&P Homebuilders ETF by 0.9% in the 2nd quarter. Leuthold Group LLC now owns 13,023 shares of the exchange traded fund’s stock worth $1,316,000 after purchasing an additional 115 shares during the last quarter.

SPDR S&P Homebuilders ETF Price Performance

Shares of SPDR S&P Homebuilders ETF stock opened at $103.88 on Tuesday. SPDR S&P Homebuilders ETF has a 1 year low of $92.67 and a 1 year high of $126.09. The firm’s 50-day moving average is $113.53 and its 200 day moving average is $114.22. The stock has a market cap of $1.81 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38.

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.