Apollon Wealth Management LLC Increases Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Apollon Wealth Management LLC raised its stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 86.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,249 shares of the exchange traded fund’s stock after purchasing an additional 3,816 shares during the period. Apollon Wealth Management LLC’s holdings in SPDR S&P Homebuilders ETF were worth $862,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. American Financial Advisors LLC increased 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 worth $315,000 after purchasing an additional 89 shares during the last quarter. Allworth Financial LP increased its position in shares of SPDR S&P Homebuilders ETF by 10.9% in 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 in the last quarter. Wealth Effects LLC increased its position in shares of SPDR S&P Homebuilders ETF by 2.1% in the third quarter. Wealth Effects LLC now owns 6,094 shares of the exchange traded fund’s stock worth $759,000 after acquiring an additional 126 shares in the last quarter. Great Valley Advisor Group Inc. increased its position in shares of SPDR S&P Homebuilders ETF by 6.9% in the third quarter. Great Valley Advisor Group Inc. now owns 2,618 shares of the exchange traded fund’s stock worth $326,000 after acquiring an additional 169 shares in the last quarter. Finally, Clear Creek Financial Management LLC increased its position in shares of SPDR S&P Homebuilders ETF by 7.8% in the third quarter. Clear Creek Financial Management LLC now owns 2,638 shares of the exchange traded fund’s stock worth $329,000 after acquiring an additional 191 shares in the last quarter.

SPDR S&P Homebuilders ETF Stock Up 0.3 %

SPDR S&P Homebuilders ETF stock opened at $106.45 on Wednesday. SPDR S&P Homebuilders ETF has a 52-week low of $96.13 and a 52-week high of $126.09. The firm has a fifty day moving average of $109.02 and a 200-day moving average of $114.61. The firm has a market capitalization of $1.86 billion, a P/E ratio of 15.57 and a beta of 1.38.

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.