K.J. Harrison & Partners Inc Takes $2.23 Million Position in SPDR S&P Homebuilders ETF $XHB

K.J. Harrison & Partners Inc purchased a new position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the third quarter, HoldingsChannel reports. The firm purchased 20,000 shares of the exchange traded fund’s stock, valued at approximately $2,233,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in XHB. Register Financial Advisors LLC grew its stake in SPDR S&P Homebuilders ETF by 6.9% in the third quarter. Register Financial Advisors LLC now owns 1,547 shares of the exchange traded fund’s stock valued at $171,000 after acquiring an additional 100 shares during the period. Clearstead Advisors LLC lifted its holdings in shares of SPDR S&P Homebuilders ETF by 5.5% in the 3rd quarter. Clearstead Advisors LLC now owns 1,968 shares of the exchange traded fund’s stock worth $218,000 after purchasing an additional 103 shares in the last quarter. Assetmark Inc. grew its position in SPDR S&P Homebuilders ETF by 424.0% in the 2nd quarter. Assetmark Inc. now owns 262 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 212 shares during the period. Founders Financial Alliance LLC acquired a new stake in SPDR S&P Homebuilders ETF in the 3rd quarter valued at $27,000. Finally, Sigma Planning Corp increased its stake in SPDR S&P Homebuilders ETF by 3.2% during the 2nd quarter. Sigma Planning Corp now owns 8,128 shares of the exchange traded fund’s stock valued at $801,000 after purchasing an additional 252 shares in the last quarter.

SPDR S&P Homebuilders ETF Trading Down 2.7%

XHB opened at $114.11 on Thursday. SPDR S&P Homebuilders ETF has a 1-year low of $84.48 and a 1-year high of $123.13. The company has a market cap of $1.79 billion, a price-to-earnings ratio of 11.47 and a beta of 1.29. The company’s fifty day moving average price is $111.82 and its two-hundred day moving average price is $110.28.

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.