SPC Financial Inc. Increases Stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

SPC Financial Inc. boosted its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 4.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 47,140 shares of the exchange traded fund’s stock after purchasing an additional 2,059 shares during the quarter. SPC Financial Inc. owned about 0.27% of SPDR S&P Homebuilders ETF worth $4,765,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of XHB. Raymond James & Associates boosted its holdings in SPDR S&P Homebuilders ETF by 0.3% in the second quarter. Raymond James & Associates now owns 32,549 shares of the exchange traded fund’s stock valued at $3,290,000 after acquiring an additional 106 shares during the last quarter. Leuthold Group LLC lifted its stake in shares of SPDR S&P Homebuilders ETF by 0.9% in the 2nd quarter. Leuthold Group LLC now owns 13,023 shares of the exchange traded fund’s stock valued at $1,316,000 after purchasing an additional 115 shares in the last quarter. Aptus Capital Advisors LLC grew its holdings in shares of SPDR S&P Homebuilders ETF by 13.7% during the 2nd quarter. Aptus Capital Advisors LLC now owns 1,196 shares of the exchange traded fund’s stock worth $121,000 after purchasing an additional 144 shares during the period. Gateway Wealth Partners LLC lifted its stake in shares of SPDR S&P Homebuilders ETF by 3.6% during the second quarter. Gateway Wealth Partners LLC now owns 4,269 shares of the exchange traded fund’s stock worth $432,000 after purchasing an additional 148 shares in the last quarter. Finally, Viewpoint Capital Management LLC boosted its position in shares of SPDR S&P Homebuilders ETF by 0.4% in the second quarter. Viewpoint Capital Management LLC now owns 49,757 shares of the exchange traded fund’s stock worth $5,029,000 after buying an additional 180 shares during the period.

SPDR S&P Homebuilders ETF Stock Performance

XHB stock opened at $124.56 on Tuesday. The stock has a 50-day simple moving average of $115.37 and a 200-day simple moving average of $108.73. The firm has a market cap of $2.17 billion, a P/E ratio of 15.57 and a beta of 1.38. SPDR S&P Homebuilders ETF has a 1 year low of $69.32 and a 1 year high of $125.48.

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.