Goldman Sachs Group Inc. Has $242.78 Million Stake in SPDR S&P Homebuilders ETF $XHB

Goldman Sachs Group Inc. raised its position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 0.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,358,013 shares of the exchange traded fund’s stock after acquiring an additional 12,654 shares during the period. Goldman Sachs Group Inc. owned about 0.15% of SPDR S&P Homebuilders ETF worth $242,781,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Founders Financial Alliance LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF during the third quarter worth approximately $27,000. Elevated Capital Advisors LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF during the fourth quarter worth approximately $28,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF during the fourth quarter worth approximately $32,000. Quantbot Technologies LP increased its holdings in shares of SPDR S&P Homebuilders ETF by 66.4% during the third quarter. Quantbot Technologies LP now owns 426 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 170 shares in the last quarter. Finally, Copia Wealth Management increased its holdings in shares of SPDR S&P Homebuilders ETF by 79.2% during the fourth quarter. Copia Wealth Management now owns 430 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 190 shares in the last quarter.

SPDR S&P Homebuilders ETF Trading Down 1.2%

NYSEARCA XHB opened at $103.51 on Friday. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 11.47 and a beta of 1.26. The company has a 50 day moving average of $102.33 and a 200-day moving average of $106.56. SPDR S&P Homebuilders ETF has a 1-year low of $92.86 and a 1-year high of $123.13.

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.