Northwest Investment Counselors LLC Takes Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Northwest Investment Counselors LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 789 shares of the exchange traded fund’s stock, valued at approximately $88,000.

A number of other institutional investors and hedge funds have also modified their holdings of XHB. AlphaMark Advisors LLC bought a new stake in SPDR S&P Homebuilders ETF in the fourth quarter valued at $34,000. BKM Wealth Management LLC bought a new stake in SPDR S&P Homebuilders ETF in the fourth quarter valued at $48,000. Creekmur Asset Management LLC bought a new stake in SPDR S&P Homebuilders ETF in the fourth quarter valued at $63,000. VitalStone Financial LLC grew its position in SPDR S&P Homebuilders ETF by 13,920.0% in the fourth quarter. VitalStone Financial LLC now owns 701 shares of the exchange traded fund’s stock valued at $67,000 after acquiring an additional 696 shares during the period. Finally, Global Trust Asset Management LLC grew its position in SPDR S&P Homebuilders ETF by 57.1% in the fourth quarter. Global Trust Asset Management LLC now owns 825 shares of the exchange traded fund’s stock valued at $79,000 after acquiring an additional 300 shares during the period.

SPDR S&P Homebuilders ETF Price Performance

Shares of NYSEARCA:XHB opened at $103.90 on Tuesday. The business’s fifty day moving average price is $104.24 and its two-hundred day moving average price is $101.30. SPDR S&P Homebuilders ETF has a fifty-two week low of $69.32 and a fifty-two week high of $111.96. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38.

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.