National Bank of Canada FI Buys 500 Shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

National Bank of Canada FI increased its stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 238.1% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 710 shares of the exchange traded fund’s stock after acquiring an additional 500 shares during the quarter. National Bank of Canada FI’s holdings in SPDR S&P Homebuilders ETF were worth $70,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Meridian Wealth Management LLC increased its position in SPDR S&P Homebuilders ETF by 39.8% during the 4th quarter. Meridian Wealth Management LLC now owns 4,650 shares of the exchange traded fund’s stock worth $445,000 after buying an additional 1,325 shares during the period. Financial Advocates Investment Management raised its stake in SPDR S&P Homebuilders ETF by 29.8% in the 4th quarter. Financial Advocates Investment Management now owns 18,050 shares of the exchange traded fund’s stock worth $1,727,000 after purchasing an additional 4,143 shares in the last quarter. Advisory Services Network LLC boosted its holdings in SPDR S&P Homebuilders ETF by 20.6% in the 4th quarter. Advisory Services Network LLC now owns 17,973 shares of the exchange traded fund’s stock valued at $1,719,000 after purchasing an additional 3,065 shares during the period. Steward Partners Investment Advisory LLC increased its holdings in shares of SPDR S&P Homebuilders ETF by 1,008.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,586 shares of the exchange traded fund’s stock worth $534,000 after purchasing an additional 5,082 shares during the period. Finally, Belpointe Asset Management LLC increased its holdings in shares of SPDR S&P Homebuilders ETF by 51.2% during the fourth quarter. Belpointe Asset Management LLC now owns 24,725 shares of the exchange traded fund’s stock worth $2,365,000 after purchasing an additional 8,371 shares during the period.

SPDR S&P Homebuilders ETF Price Performance

SPDR S&P Homebuilders ETF stock opened at $119.53 on Friday. SPDR S&P Homebuilders ETF has a one year low of $69.32 and a one year high of $121.23. The firm has a market cap of $2.09 billion, a PE ratio of 15.57 and a beta of 1.38. The stock’s fifty day moving average price is $112.13 and its two-hundred day moving average price is $107.26.

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.