Blue Jean Financial LLC Acquires Shares of 6,718 SPDR S&P Homebuilders ETF $XHB

Blue Jean Financial LLC acquired a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 6,718 shares of the exchange traded fund’s stock, valued at approximately $692,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BOS Asset Management LLC boosted its stake in SPDR S&P Homebuilders ETF by 14.9% in the 4th quarter. BOS Asset Management LLC now owns 39,572 shares of the exchange traded fund’s stock valued at $4,074,000 after purchasing an additional 5,136 shares during the period. PNC Financial Services Group Inc. boosted its stake in SPDR S&P Homebuilders ETF by 59.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 54,311 shares of the exchange traded fund’s stock valued at $6,018,000 after purchasing an additional 20,318 shares during the period. Palumbo Wealth Management LLC bought a new stake in SPDR S&P Homebuilders ETF in the 4th quarter valued at $2,851,000. CoreCap Advisors LLC boosted its stake in SPDR S&P Homebuilders ETF by 96.2% in the 4th quarter. CoreCap Advisors LLC now owns 239,832 shares of the exchange traded fund’s stock valued at $24,693,000 after purchasing an additional 117,580 shares during the period. Finally, BlueCrest Capital Management Ltd bought a new stake in SPDR S&P Homebuilders ETF in the 3rd quarter valued at $4,598,000.

SPDR S&P Homebuilders ETF Stock Performance

NYSEARCA:XHB opened at $107.59 on Friday. SPDR S&P Homebuilders ETF has a 52 week low of $92.86 and a 52 week high of $123.13. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of 11.47 and a beta of 1.26. The firm’s 50-day simple moving average is $103.15 and its 200 day simple moving average is $106.74.

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.