North Star Investment Management Corp. increased its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Free Report) by 1.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,343 shares of the exchange traded fund’s stock after buying an additional 601 shares during the period. North Star Investment Management Corp.’s holdings in SPDR S&P Homebuilders ETF were worth $4,402,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the company. American Financial Advisors LLC raised its position in SPDR S&P Homebuilders ETF by 3.6% during the third quarter. American Financial Advisors LLC now owns 2,531 shares of the exchange traded fund’s stock valued at $315,000 after purchasing an additional 89 shares in the last quarter. Allworth Financial LP raised its position in SPDR S&P Homebuilders ETF by 10.9% during the third quarter. Allworth Financial LP now owns 1,018 shares of the exchange traded fund’s stock valued at $127,000 after purchasing an additional 100 shares in the last quarter. Raymond James & Associates raised its position in SPDR S&P Homebuilders ETF by 0.3% during the second quarter. Raymond James & Associates now owns 32,549 shares of the exchange traded fund’s stock valued at $3,290,000 after purchasing an additional 106 shares in the last quarter. Leuthold Group LLC increased its holdings in shares of SPDR S&P Homebuilders ETF by 0.9% during the second quarter. Leuthold Group LLC now owns 13,023 shares of the exchange traded fund’s stock worth $1,316,000 after buying an additional 115 shares in the last quarter. Finally, Wealth Effects LLC increased its holdings in shares of SPDR S&P Homebuilders ETF by 2.1% during the third quarter. Wealth Effects LLC now owns 6,094 shares of the exchange traded fund’s stock worth $759,000 after buying an additional 126 shares in the last quarter.
SPDR S&P Homebuilders ETF Stock Up 1.4 %
Shares of NYSEARCA:XHB traded up $1.67 during trading on Tuesday, hitting $117.50. 601,226 shares of the company were exchanged, compared to its average volume of 2,379,516. The business’s 50 day moving average is $119.32 and its 200-day moving average is $111.05. The company has a market capitalization of $2.05 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 $75.75 and a 1-year high of $126.07.
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.
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