Opal Wealth Advisors LLC Makes New $715,000 Investment in SPDR S&P Homebuilders ETF $XHB

Opal Wealth Advisors LLC acquired a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 3rd quarter, Holdings Channel reports. The fund acquired 7,441 shares of the exchange traded fund’s stock, valued at approximately $715,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Banque Pictet & Cie SA acquired a new position in SPDR S&P Homebuilders ETF during the third quarter worth $829,000. Annex Advisory Services LLC acquired a new stake in SPDR S&P Homebuilders ETF in the 3rd quarter valued at $59,766,000. Turtle Creek Wealth Advisors LLC acquired a new stake in SPDR S&P Homebuilders ETF in the 3rd quarter valued at $347,000. Accel Wealth Management bought a new stake in SPDR S&P Homebuilders ETF during the 3rd quarter worth about $599,000. Finally, Value Investment Professionals LLC bought a new stake in SPDR S&P Homebuilders ETF during the 3rd quarter worth about $386,000.

SPDR S&P Homebuilders ETF Trading Down 0.9%

Shares of SPDR S&P Homebuilders ETF stock traded down $0.84 during trading hours on Friday, reaching $94.91. 4,378,173 shares of the company’s stock were exchanged, compared to its average volume of 2,378,587. The stock has a market cap of $1.55 billion, a P/E ratio of 11.47 and a beta of 1.25. The company has a 50 day moving average of $100.52 and a two-hundred day moving average of $103.88. SPDR S&P Homebuilders ETF has a fifty-two week low of $91.87 and a fifty-two week high of $123.13.

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.