7,001 Shares in SPDR S&P Homebuilders ETF $XHB Acquired by Means Investment CO. Inc.

Means Investment CO. Inc. purchased a new position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 7,001 shares of the exchange traded fund’s stock, valued at approximately $672,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Annex Advisory Services LLC bought a new stake in shares of SPDR S&P Homebuilders ETF during the 3rd quarter valued at $59,766,000. Passaic Partners LLC lifted its position in SPDR S&P Homebuilders ETF by 89.6% during the second quarter. Passaic Partners LLC now owns 166,897 shares of the exchange traded fund’s stock valued at $19,287,000 after purchasing an additional 78,852 shares in the last quarter. Greenland Capital Management LP bought a new stake in SPDR S&P Homebuilders ETF during the second quarter valued at about $17,334,000. Congress Asset Management Co. bought a new stake in SPDR S&P Homebuilders ETF during the third quarter valued at about $104,000. Finally, Envestnet Asset Management Inc. increased its position in SPDR S&P Homebuilders ETF by 312.4% in the second quarter. Envestnet Asset Management Inc. now owns 74,979 shares of the exchange traded fund’s stock worth $8,665,000 after buying an additional 56,800 shares in the last quarter.

SPDR S&P Homebuilders ETF Price Performance

Shares of XHB opened at $102.29 on Monday. The business has a 50-day simple moving average of $98.42 and a two-hundred day simple moving average of $104.99. SPDR S&P Homebuilders ETF has a 52 week low of $91.87 and a 52 week high of $123.13. The stock has a market cap 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.