2,000 Shares in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Purchased by United Capital Management of KS Inc.

United Capital Management of KS Inc. acquired a new position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,000 shares of the exchange traded fund’s stock, valued at approximately $209,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kestra Private Wealth Services LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF in the 4th quarter valued at approximately $502,000. Rockefeller Capital Management L.P. raised its stake in shares of SPDR S&P Homebuilders ETF by 13.8% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 31,886 shares of the exchange traded fund’s stock valued at $3,972,000 after acquiring an additional 3,867 shares during the period. Principal Financial Group Inc. purchased a new stake in shares of SPDR S&P Homebuilders ETF in the 4th quarter valued at approximately $3,030,000. Janney Montgomery Scott LLC raised its stake in shares of SPDR S&P Homebuilders ETF by 5.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 8,324 shares of the exchange traded fund’s stock valued at $1,037,000 after acquiring an additional 431 shares during the period. Finally, HB Wealth Management LLC increased its stake in SPDR S&P Homebuilders ETF by 21.7% during the 4th quarter. HB Wealth Management LLC now owns 4,484 shares of the exchange traded fund’s stock worth $469,000 after buying an additional 800 shares during the period.

SPDR S&P Homebuilders ETF Stock Up 2.1 %

Shares of XHB opened at $97.51 on Friday. SPDR S&P Homebuilders ETF has a fifty-two week low of $95.18 and a fifty-two week high of $126.09. The firm’s 50 day moving average price is $105.20 and its 200 day moving average price is $113.06. The company has a market cap of $1.44 billion, a P/E ratio of 12.18 and a beta of 1.51.

About SPDR S&P Homebuilders ETF

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.