Guidance Capital Inc. purchased a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Free Report) in the 3rd quarter, HoldingsChannel reports. The fund purchased 9,065 shares of the exchange traded fund’s stock, valued at approximately $948,000.
Other hedge funds also recently made changes to their positions in the company. Arkadios Wealth Advisors lifted its stake in shares of SPDR S&P Homebuilders ETF by 2.2% in the first quarter. Arkadios Wealth Advisors now owns 5,076 shares of the exchange traded fund’s stock worth $501,000 after acquiring an additional 107 shares during the period. AAFMAA Wealth Management & Trust LLC boosted its holdings in SPDR S&P Homebuilders ETF by 1.8% in the second quarter. AAFMAA Wealth Management & Trust LLC now owns 10,659 shares of the exchange traded fund’s stock valued at $1,232,000 after acquiring an additional 184 shares during the last quarter. Corient Private Wealth LP increased its position in SPDR S&P Homebuilders ETF by 4.7% during the 2nd quarter. Corient Private Wealth LP now owns 6,301 shares of the exchange traded fund’s stock valued at $728,000 after purchasing an additional 280 shares during the period. Eastern Bank acquired a new stake in SPDR S&P Homebuilders ETF during the 2nd quarter valued at approximately $35,000. Finally, Bangor Savings Bank acquired a new stake in SPDR S&P Homebuilders ETF during the 3rd quarter valued at approximately $38,000.
SPDR S&P Homebuilders ETF Stock Down 1.5%
SPDR S&P Homebuilders ETF stock traded down $1.56 during mid-day trading on Friday, hitting $102.29. 1,859,328 shares of the stock were exchanged, compared to its average volume of 2,381,302. SPDR S&P Homebuilders ETF has a 12 month low of $91.87 and a 12 month high of $123.13. The firm’s fifty day simple moving average is $98.42 and its two-hundred day simple moving average is $104.99. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 11.47 and a beta of 1.23.
SPDR S&P Homebuilders ETF Company 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.
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