SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Shares Bought by Financial Management Professionals Inc.

Financial Management Professionals Inc. raised its position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 26.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,223 shares of the exchange traded fund’s stock after buying an additional 2,127 shares during the period. Financial Management Professionals Inc. owned about 0.06% of SPDR S&P Homebuilders ETF worth $1,068,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Howe & Rusling Inc. acquired a new position in shares of SPDR S&P Homebuilders ETF during the 3rd quarter worth approximately $28,000. Northwest Investment Counselors LLC purchased a new stake in SPDR S&P Homebuilders ETF in the third quarter valued at approximately $98,000. ORG Wealth Partners LLC purchased a new stake in SPDR S&P Homebuilders ETF in the third quarter valued at approximately $117,000. EP Wealth Advisors LLC purchased a new stake in SPDR S&P Homebuilders ETF in the third quarter valued at approximately $120,000. Finally, Allworth Financial LP increased its position in shares of 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 worth $127,000 after acquiring an additional 100 shares during the period.

SPDR S&P Homebuilders ETF Trading Up 0.4 %

SPDR S&P Homebuilders ETF stock opened at $110.67 on Friday. SPDR S&P Homebuilders ETF has a twelve month low of $92.67 and a twelve month high of $126.09. The stock’s fifty day simple moving average is $112.57 and its 200-day simple moving average is $114.41. The firm has a market capitalization of $1.93 billion, a P/E 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.