Jacobi Capital Management LLC Boosts Stock Position in SPDR S&P Homebuilders ETF $XHB

Jacobi Capital Management LLC increased its stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 6.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,670 shares of the exchange traded fund’s stock after purchasing an additional 300 shares during the quarter. Jacobi Capital Management LLC’s holdings in SPDR S&P Homebuilders ETF were worth $453,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in XHB. Copia Wealth Management purchased a new stake in SPDR S&P Homebuilders ETF during the 4th quarter worth about $25,000. Private Trust Co. NA boosted its stake in SPDR S&P Homebuilders ETF by 794.4% in the 1st quarter. Private Trust Co. NA now owns 322 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 286 shares during the last quarter. Fifth Third Bancorp acquired a new stake in SPDR S&P Homebuilders ETF in the 1st quarter worth about $39,000. AlphaCore Capital LLC acquired a new stake in SPDR S&P Homebuilders ETF in the 1st quarter worth about $52,000. Finally, Bernard Wealth Management Corp. acquired a new stake in SPDR S&P Homebuilders ETF in the 4th quarter worth about $88,000.

SPDR S&P Homebuilders ETF Trading Down 2.2%

Shares of NYSEARCA:XHB opened at $116.16 on Friday. The stock’s 50-day moving average price is $109.58 and its two-hundred day moving average price is $100.86. SPDR S&P Homebuilders ETF has a 12-month low of $84.48 and a 12-month high of $126.09. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 11.47 and a beta of 1.32.

SPDR S&P Homebuilders ETF 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.