40,028 Shares in SPDR S&P Homebuilders ETF $XHB Purchased by Peterson Wealth Management

Peterson Wealth Management bought a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 40,028 shares of the exchange traded fund’s stock, valued at approximately $4,435,000. SPDR S&P Homebuilders ETF comprises about 3.1% of Peterson Wealth Management’s holdings, making the stock its 15th largest position. Peterson Wealth Management owned approximately 0.25% of SPDR S&P Homebuilders ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Barclays PLC lifted its stake in SPDR S&P Homebuilders ETF by 933.7% during the 3rd quarter. Barclays PLC now owns 871,789 shares of the exchange traded fund’s stock valued at $96,594,000 after acquiring an additional 787,454 shares during the period. BNP Paribas Financial Markets boosted its holdings in shares of SPDR S&P Homebuilders ETF by 529.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 720,762 shares of the exchange traded fund’s stock valued at $79,860,000 after acquiring an additional 606,305 shares during the last quarter. Moore Capital Management LP acquired a new stake in shares of SPDR S&P Homebuilders ETF in the third quarter worth $49,513,000. Annex Advisory Services LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF in the third quarter worth $45,309,000. Finally, Kingsview Wealth Management LLC purchased a new position in shares of SPDR S&P Homebuilders ETF during the third quarter worth $15,519,000.

SPDR S&P Homebuilders ETF Price Performance

NYSEARCA XHB opened at $99.59 on Thursday. The company has a market capitalization of $1.56 billion, a PE ratio of 11.47 and a beta of 1.29. The company has a fifty day moving average of $112.39 and a 200 day moving average of $109.53. SPDR S&P Homebuilders ETF has a 1 year low of $84.48 and a 1 year high of $123.13.

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.