Janney Montgomery Scott LLC Boosts Stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Janney Montgomery Scott LLC lifted its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 5.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,324 shares of the exchange traded fund’s stock after purchasing an additional 431 shares during the quarter. Janney Montgomery Scott LLC’s holdings in SPDR S&P Homebuilders ETF were worth $1,037,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in XHB. Price T Rowe Associates Inc. MD lifted its holdings in shares of SPDR S&P Homebuilders ETF by 5.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,048,800 shares of the exchange traded fund’s stock valued at $117,037,000 after buying an additional 53,120 shares during the period. Mirae Asset Securities USA Inc. bought a new position in shares of SPDR S&P Homebuilders ETF in the 2nd quarter valued at about $50,540,000. Bank of Montreal Can lifted its holdings in shares of SPDR S&P Homebuilders ETF by 1.8% in the 2nd quarter. Bank of Montreal Can now owns 247,332 shares of the exchange traded fund’s stock valued at $25,013,000 after acquiring an additional 4,447 shares during the last quarter. Meitav Investment House Ltd. lifted its stake in SPDR S&P Homebuilders ETF by 0.9% in the third quarter. Meitav Investment House Ltd. now owns 137,049 shares of the exchange traded fund’s stock worth $17,042,000 after purchasing an additional 1,156 shares during the last quarter. Finally, Passaic Partners LLC bought a new stake in SPDR S&P Homebuilders ETF in the first quarter worth about $13,326,000.

SPDR S&P Homebuilders ETF Stock Performance

Shares of NYSEARCA:XHB opened at $115.68 on Friday. The firm has a market cap of $2.02 billion, a PE ratio of 15.57 and a beta of 1.38. The firm’s 50 day simple moving average is $119.78 and its 200-day simple moving average is $111.87. SPDR S&P Homebuilders ETF has a one year low of $81.40 and a one year high of $126.07.

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.