VitalStone Financial LLC Increases Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

VitalStone Financial LLC grew its position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 348.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,395 shares of the exchange traded fund’s stock after purchasing an additional 1,084 shares during the quarter. VitalStone Financial LLC’s holdings in SPDR S&P Homebuilders ETF were worth $141,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Family Firm Inc. purchased a new stake in SPDR S&P Homebuilders ETF during the second quarter worth approximately $62,000. Creekmur Asset Management LLC acquired a new stake in SPDR S&P Homebuilders ETF during the fourth quarter worth approximately $63,000. National Bank of Canada FI lifted its position in shares of SPDR S&P Homebuilders ETF by 238.1% during the 2nd 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 last quarter. Northwest Investment Counselors LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF during the 1st quarter worth approximately $88,000. Finally, ORG Partners LLC acquired a new position in shares of SPDR S&P Homebuilders ETF in the 2nd quarter valued at $93,000.

SPDR S&P Homebuilders ETF Price Performance

NYSEARCA XHB opened at $113.25 on Thursday. The firm’s fifty day moving average price is $111.07 and its 200 day moving average price is $107.03. SPDR S&P Homebuilders ETF has a 12 month low of $69.32 and a 12 month high of $121.23. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38.

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.