SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Shares Acquired by Institute for Wealth Management LLC.

Institute for Wealth Management LLC. boosted its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 1.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,723 shares of the exchange traded fund’s stock after buying an additional 275 shares during the period. Institute for Wealth Management LLC. owned 0.10% of SPDR S&P Homebuilders ETF worth $1,695,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. AlphaMark Advisors LLC bought a new position in SPDR S&P Homebuilders ETF in the 4th quarter worth approximately $34,000. Brown Brothers Harriman & Co. acquired a new position in shares of SPDR S&P Homebuilders ETF during the first quarter valued at $25,000. Householder Group Estate & Retirement Specialist LLC acquired a new position in shares of SPDR S&P Homebuilders ETF during the third quarter valued at $33,000. Patriot Investment Management Group Inc. acquired a new stake in SPDR S&P Homebuilders ETF in the fourth quarter worth about $30,000. Finally, O Shaughnessy Asset Management LLC acquired a new stake in SPDR S&P Homebuilders ETF in the third quarter worth about $35,000.

SPDR S&P Homebuilders ETF Stock Performance

Shares of XHB stock traded down $0.75 during midday trading on Friday, reaching $99.95. 2,174,534 shares of the company were exchanged, compared to its average volume of 2,841,479. The company’s 50 day moving average price is $104.55 and its two-hundred day moving average price is $92.18. The company has a market cap of $1.73 billion, a P/E ratio of 15.54 and a beta of 1.38. SPDR S&P Homebuilders ETF has a 12 month low of $67.46 and a 12 month high of $111.96.

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.