Moment Partners LLC Purchases Shares of 2,386 SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Moment Partners LLC acquired a new position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,386 shares of the exchange traded fund’s stock, valued at approximately $249,000.

Other institutional investors also recently modified their holdings of the company. Financial Life Planners purchased a new position in SPDR S&P Homebuilders ETF in the 4th quarter worth approximately $45,000. Larson Financial Group LLC lifted its holdings in shares of SPDR S&P Homebuilders ETF by 1,873.9% during the 4th quarter. Larson Financial Group LLC now owns 454 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 431 shares during the last quarter. New Wave Wealth Advisors LLC purchased a new position in SPDR S&P Homebuilders ETF in the fourth quarter worth $52,000. St. Johns Investment Management Company LLC purchased a new position in SPDR S&P Homebuilders ETF in the fourth quarter worth $65,000. Finally, EP Wealth Advisors LLC bought a new position in SPDR S&P Homebuilders ETF in the third quarter valued at $120,000.

SPDR S&P Homebuilders ETF Stock Down 0.6 %

Shares of XHB stock opened at $99.04 on Thursday. The business has a 50-day moving average price of $104.07 and a two-hundred day moving average price of $112.00. SPDR S&P Homebuilders ETF has a 12-month low of $95.18 and a 12-month high of $126.09. The firm has a market cap of $1.46 billion, a P/E ratio of 12.18 and a beta of 1.51.

SPDR S&P Homebuilders ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were given a $0.313 dividend. This is an increase from SPDR S&P Homebuilders ETF’s previous dividend of $0.15. The ex-dividend date was Monday, March 24th.

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.