Parallel Advisors LLC boosted its stake in SPDR S&P Homebuilders (NYSE:XHB) by 12.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,683 shares of the exchange traded fund’s stock after buying an additional 301 shares during the period. Parallel Advisors LLC’s holdings in SPDR S&P Homebuilders were worth $103,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. BB&T Securities LLC purchased a new stake in shares of SPDR S&P Homebuilders during the second quarter valued at about $259,000. Janney Montgomery Scott LLC raised its stake in shares of SPDR S&P Homebuilders by 7.1% in the second quarter. Janney Montgomery Scott LLC now owns 17,364 shares of the exchange traded fund’s stock valued at $669,000 after buying an additional 1,145 shares during the period. Appleton Group LLC raised its stake in shares of SPDR S&P Homebuilders by 23.6% in the second quarter. Appleton Group LLC now owns 22,823 shares of the exchange traded fund’s stock valued at $879,000 after buying an additional 4,362 shares during the period. Telos Capital Management Inc. raised its stake in shares of SPDR S&P Homebuilders by 5.0% in the second quarter. Telos Capital Management Inc. now owns 24,306 shares of the exchange traded fund’s stock valued at $937,000 after buying an additional 1,161 shares during the period. Finally, Karp Capital Management Corp raised its stake in shares of SPDR S&P Homebuilders by 18.2% in the second quarter. Karp Capital Management Corp now owns 118,918 shares of the exchange traded fund’s stock valued at $4,582,000 after buying an additional 18,342 shares during the period.

Shares of SPDR S&P Homebuilders (XHB) opened at 37.74 on Thursday. The firm’s 50-day moving average price is $38.39 and its 200 day moving average price is $37.56. SPDR S&P Homebuilders has a 52 week low of $30.92 and a 52 week high of $39.24.

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SPDR S&P Homebuilders 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.

Institutional Ownership by Quarter for SPDR S&P Homebuilders (NYSE:XHB)

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