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

Financial Management Professionals Inc. raised its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 26.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 10,223 shares of the exchange traded fund’s stock after purchasing an additional 2,127 shares during the period. Financial Management Professionals Inc.’s holdings in SPDR S&P Homebuilders ETF were worth $1,068,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of XHB. HB Wealth Management LLC boosted its stake in shares of SPDR S&P Homebuilders ETF by 21.7% during the fourth 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. Peak Financial Advisors LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF during the fourth quarter worth about $1,326,000. Clarus Wealth Advisors boosted its stake in shares of SPDR S&P Homebuilders ETF by 1.7% during the fourth quarter. Clarus Wealth Advisors now owns 15,617 shares of the exchange traded fund’s stock worth $1,622,000 after buying an additional 259 shares during the period. Global Financial Private Client LLC boosted its stake in shares of SPDR S&P Homebuilders ETF by 10.9% during the fourth quarter. Global Financial Private Client LLC now owns 8,065 shares of the exchange traded fund’s stock worth $843,000 after buying an additional 791 shares during the period. Finally, AAFMAA Wealth Management & Trust LLC boosted its stake in shares of SPDR S&P Homebuilders ETF by 2.3% during the fourth quarter. AAFMAA Wealth Management & Trust LLC now owns 10,364 shares of the exchange traded fund’s stock worth $1,083,000 after buying an additional 229 shares during the period.

SPDR S&P Homebuilders ETF Stock Performance

Shares of XHB opened at $110.67 on Friday. SPDR S&P Homebuilders ETF has a fifty-two week low of $92.67 and a fifty-two week high of $126.09. The company has a market capitalization of $1.93 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38. The firm has a 50-day simple moving average of $112.57 and a 200-day simple moving average of $114.41.

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.