Sumitomo Mitsui Trust Group Inc. Purchases Shares of 2,583 SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Sumitomo Mitsui Trust Group Inc. purchased a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 2,583 shares of the exchange traded fund’s stock, valued at approximately $322,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mirae Asset Securities USA Inc. acquired a new position in shares of SPDR S&P Homebuilders ETF during the 2nd quarter worth about $50,540,000. Cetera Investment Advisers increased its stake in shares of SPDR S&P Homebuilders ETF by 507.8% during the 1st quarter. Cetera Investment Advisers now owns 75,473 shares of the exchange traded fund’s stock worth $8,422,000 after purchasing an additional 63,055 shares during the last quarter. Bricktown Capital LLC acquired a new position in shares of SPDR S&P Homebuilders ETF during the 2nd quarter worth about $5,518,000. Price T Rowe Associates Inc. MD increased its stake 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 worth $117,037,000 after purchasing an additional 53,120 shares during the last quarter. Finally, SMI Advisory Services LLC acquired a new position in shares of SPDR S&P Homebuilders ETF during the 3rd quarter worth about $5,873,000.

SPDR S&P Homebuilders ETF Stock Performance

Shares of XHB opened at $116.55 on Thursday. SPDR S&P Homebuilders ETF has a 52 week low of $81.75 and a 52 week high of $126.07. The firm has a market cap of $2.03 billion, a P/E ratio of 15.57 and a beta of 1.38. The firm’s 50-day simple moving average is $119.95 and its 200 day simple moving average is $112.19.

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.