Tidal Investments LLC boosted its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Free Report) by 2,114.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 64,461 shares of the exchange traded fund’s stock after buying an additional 61,550 shares during the quarter. Tidal Investments LLC’s holdings in SPDR S&P Homebuilders ETF were worth $7,449,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of XHB. Arkadios Wealth Advisors grew its holdings in shares of SPDR S&P Homebuilders ETF by 2.2% during the 1st quarter. Arkadios Wealth Advisors now owns 5,076 shares of the exchange traded fund’s stock worth $501,000 after acquiring an additional 107 shares during the period. Garrison Point Advisors LLC lifted its stake in shares of SPDR S&P Homebuilders ETF by 1.5% in the 4th quarter. Garrison Point Advisors LLC now owns 9,955 shares of the exchange traded fund’s stock valued at $1,025,000 after purchasing an additional 145 shares during the period. Quantbot Technologies LP lifted its stake in shares of SPDR S&P Homebuilders ETF by 66.4% in the 3rd quarter. Quantbot Technologies LP now owns 426 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 170 shares during the period. FLP Wealth Management LLC boosted its position in shares of SPDR S&P Homebuilders ETF by 7.4% during the first quarter. FLP Wealth Management LLC now owns 2,564 shares of the exchange traded fund’s stock valued at $253,000 after purchasing an additional 177 shares in the last quarter. Finally, AAFMAA Wealth Management & Trust LLC boosted its position in shares of SPDR S&P Homebuilders ETF by 1.8% during the second quarter. AAFMAA Wealth Management & Trust LLC now owns 10,659 shares of the exchange traded fund’s stock valued at $1,232,000 after purchasing an additional 184 shares in the last quarter.
SPDR S&P Homebuilders ETF Stock Up 1.6%
Shares of XHB stock opened at $98.46 on Friday. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 11.47 and a beta of 1.25. The business’s fifty day moving average is $106.30 and its 200 day moving average is $105.45. SPDR S&P Homebuilders ETF has a twelve month low of $93.57 and a twelve month 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.
Further Reading
- Five stocks we like better than SPDR S&P Homebuilders ETF
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
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.
