Private Advisor Group LLC Increases Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Private Advisor Group LLC grew its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 1.0% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 65,563 shares of the exchange traded fund’s stock after buying an additional 661 shares during the period. Private Advisor Group LLC owned 0.38% of SPDR S&P Homebuilders ETF worth $6,272,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in XHB. Orion Portfolio Solutions LLC grew its position in SPDR S&P Homebuilders ETF by 10.5% during the third quarter. Orion Portfolio Solutions LLC now owns 8,382 shares of the exchange traded fund’s stock worth $642,000 after buying an additional 798 shares during the period. Lyell Wealth Management LP grew its position in SPDR S&P Homebuilders ETF by 33.9% during the fourth quarter. Lyell Wealth Management LP now owns 6,245 shares of the exchange traded fund’s stock worth $597,000 after buying an additional 1,580 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in SPDR S&P Homebuilders ETF by 1,055.4% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 288,641 shares of the exchange traded fund’s stock worth $27,611,000 after buying an additional 263,659 shares during the period. International Assets Investment Management LLC acquired a new position in SPDR S&P Homebuilders ETF during the fourth quarter worth about $5,995,000. Finally, Deuterium Capital Management LLC acquired a new position in SPDR S&P Homebuilders ETF during the fourth quarter worth about $454,000.

SPDR S&P Homebuilders ETF Trading Down 0.3 %

Shares of XHB stock traded down $0.27 during trading hours on Wednesday, hitting $105.50. The company’s stock had a trading volume of 315,106 shares, compared to its average volume of 2,798,636. The business has a fifty day moving average of $105.50 and a 200-day moving average of $95.08. The stock has a market cap of $1.84 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38. SPDR S&P Homebuilders ETF has a twelve month low of $68.39 and a twelve month high of $111.96.

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.