Passaic Partners LLC Makes New Investment in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Passaic Partners LLC bought a new position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 79,165 shares of the exchange traded fund’s stock, valued at approximately $8,273,000. SPDR S&P Homebuilders ETF comprises about 1.2% of Passaic Partners LLC’s investment portfolio, making the stock its 13th largest holding.

Several other large investors also recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new stake in SPDR S&P Homebuilders ETF during the 4th quarter worth approximately $43,362,000. Meitav Investment House Ltd. lifted its stake in SPDR S&P Homebuilders ETF by 54.9% during the 4th quarter. Meitav Investment House Ltd. now owns 212,293 shares of the exchange traded fund’s stock valued at $22,185,000 after acquiring an additional 75,244 shares during the period. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD lifted its stake in SPDR S&P Homebuilders ETF by 62.7% during the 4th quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 147,504 shares of the exchange traded fund’s stock valued at $15,401,000 after acquiring an additional 56,839 shares during the period. Chicago Wealth Management Inc. lifted its stake in SPDR S&P Homebuilders ETF by 1.9% during the 4th quarter. Chicago Wealth Management Inc. now owns 96,013 shares of the exchange traded fund’s stock valued at $10,033,000 after acquiring an additional 1,763 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in SPDR S&P Homebuilders ETF by 143.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 82,907 shares of the exchange traded fund’s stock valued at $10,327,000 after acquiring an additional 48,910 shares during the period.

SPDR S&P Homebuilders ETF Trading Up 0.9 %

Shares of NYSEARCA XHB opened at $98.38 on Tuesday. The company has a 50 day simple moving average of $104.93 and a two-hundred day simple moving average of $112.74. SPDR S&P Homebuilders ETF has a 12 month low of $95.18 and a 12 month high of $126.09. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 12.18 and a beta of 1.51.

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.