SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Shares Acquired by Viewpoint Capital Management LLC

Viewpoint Capital Management LLC boosted its position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 1.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,988 shares of the exchange traded fund’s stock after purchasing an additional 1,059 shares during the period. SPDR S&P Homebuilders ETF accounts for about 3.0% of Viewpoint Capital Management LLC’s portfolio, making the stock its 6th biggest holding. Viewpoint Capital Management LLC’s holdings in SPDR S&P Homebuilders ETF were worth $5,619,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in XHB. Concourse Financial Group Securities Inc. increased its holdings in SPDR S&P Homebuilders ETF by 50.0% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 300 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 100 shares in the last quarter. Magnus Financial Group LLC boosted its position in shares of SPDR S&P Homebuilders ETF by 7.1% during the first quarter. Magnus Financial Group LLC now owns 2,893 shares of the exchange traded fund’s stock valued at $280,000 after buying an additional 193 shares during the last quarter. Pinnacle Financial Partners Inc boosted its position in shares of SPDR S&P Homebuilders ETF by 2.0% during the first quarter. Pinnacle Financial Partners Inc now owns 10,514 shares of the exchange traded fund’s stock valued at $1,019,000 after buying an additional 203 shares during the last quarter. Copia Wealth Management purchased a new position in shares of SPDR S&P Homebuilders ETF during the fourth quarter valued at approximately $25,000. Finally, Janney Montgomery Scott LLC boosted its position in shares of SPDR S&P Homebuilders ETF by 3.6% during the first quarter. Janney Montgomery Scott LLC now owns 8,244 shares of the exchange traded fund’s stock valued at $799,000 after buying an additional 285 shares during the last quarter.

SPDR S&P Homebuilders ETF Trading Down 1.1%

XHB stock opened at $102.60 on Friday. The stock’s fifty day simple moving average is $96.79 and its two-hundred day simple moving average is $99.75. SPDR S&P Homebuilders ETF has a 1-year low of $84.48 and a 1-year high of $126.09. The stock has a market cap of $1.45 billion, a P/E ratio of 11.47 and a beta of 1.32.

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.