Brighton Jones LLC purchased a new position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,025 shares of the exchange traded fund’s stock, valued at approximately $252,000.
Other hedge funds have also recently modified their holdings of the company. Family Firm Inc. purchased a new stake in SPDR S&P Homebuilders ETF during the 2nd quarter worth approximately $62,000. National Bank of Canada FI lifted its stake in shares of SPDR S&P Homebuilders ETF by 238.1% during the second quarter. National Bank of Canada FI now owns 710 shares of the exchange traded fund’s stock worth $70,000 after buying an additional 500 shares during the period. Northwest Investment Counselors LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF during the third quarter valued at $98,000. ORG Partners LLC acquired a new position in shares of SPDR S&P Homebuilders ETF in the 2nd quarter valued at $93,000. Finally, ORG Wealth Partners LLC purchased a new position in SPDR S&P Homebuilders ETF in the 3rd quarter worth $117,000.
SPDR S&P Homebuilders ETF Stock Performance
Shares of XHB opened at $116.54 on Friday. The stock has a 50-day moving average of $119.27 and a two-hundred day moving average of $110.46. The stock has a market cap of $2.03 billion, a P/E ratio of 15.57 and a beta of 1.38. SPDR S&P Homebuilders ETF has a one year low of $69.44 and a one year high of $126.07.
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.
Further Reading
- Five stocks we like better than SPDR S&P Homebuilders ETF
- What Are Dividend Champions? How to Invest in the Champions
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- Stock Sentiment Analysis: How it Works
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- What does consumer price index measure?
- MarketBeat Week in Review – 10/21- 10/25
Want to see what other hedge funds are holding XHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Free Report).
Receive News & Ratings for SPDR S&P Homebuilders ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Homebuilders ETF and related companies with MarketBeat.com's FREE daily email newsletter.
