Carl P. Sherr & Co. LLC Makes New $582,000 Investment in SPDR S&P Homebuilders ETF $XHB

Carl P. Sherr & Co. LLC bought a new position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 6,061 shares of the exchange traded fund’s stock, valued at approximately $582,000.

Other hedge funds have also recently made changes to their positions in the company. Arkadios Wealth Advisors lifted its holdings in shares of SPDR S&P Homebuilders ETF by 2.2% in the 1st quarter. Arkadios Wealth Advisors now owns 5,076 shares of the exchange traded fund’s stock valued at $501,000 after acquiring an additional 107 shares during the last quarter. AAFMAA Wealth Management & Trust LLC grew its position in SPDR S&P Homebuilders ETF by 1.8% in the second quarter. AAFMAA Wealth Management & Trust LLC now owns 10,659 shares of the exchange traded fund’s stock worth $1,232,000 after acquiring an additional 184 shares in the last quarter. Elevated Capital Advisors LLC bought a new stake in SPDR S&P Homebuilders ETF during the third quarter worth approximately $26,000. Corient Private Wealth LP increased its stake in SPDR S&P Homebuilders ETF by 4.7% during the second quarter. Corient Private Wealth LP now owns 6,301 shares of the exchange traded fund’s stock worth $728,000 after acquiring an additional 280 shares during the last quarter. Finally, Eastern Bank bought a new stake in SPDR S&P Homebuilders ETF during the second quarter worth approximately $35,000.

SPDR S&P Homebuilders ETF Price Performance

Shares of XHB stock opened at $102.07 on Friday. SPDR S&P Homebuilders ETF has a 1 year low of $91.87 and a 1 year high of $123.13. The stock’s 50 day simple moving average is $98.50 and its two-hundred day simple moving average is $104.76. The company has a market cap of $1.57 billion, a PE ratio of 19.74 and a beta of 1.23.

SPDR S&P Homebuilders ETF 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.