Park Avenue Securities LLC Raises Stock Holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Park Avenue Securities LLC grew its position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 486.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 28,578 shares of the exchange traded fund’s stock after acquiring an additional 23,702 shares during the quarter. Park Avenue Securities LLC owned about 0.16% of SPDR S&P Homebuilders ETF worth $3,560,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Family Firm Inc. bought a new stake in SPDR S&P Homebuilders ETF during the second quarter worth approximately $62,000. Creekmur Asset Management LLC bought a new position in shares of SPDR S&P Homebuilders ETF during the 4th quarter valued at approximately $63,000. VitalStone Financial LLC raised its holdings in SPDR S&P Homebuilders ETF by 13,920.0% during the 4th quarter. VitalStone Financial LLC now owns 701 shares of the exchange traded fund’s stock valued at $67,000 after buying an additional 696 shares during the period. National Bank of Canada FI raised its holdings in SPDR S&P Homebuilders ETF by 238.1% during the 2nd quarter. National Bank of Canada FI now owns 710 shares of the exchange traded fund’s stock valued at $70,000 after buying an additional 500 shares during the period. Finally, Northwest Investment Counselors LLC bought a new stake in SPDR S&P Homebuilders ETF in the first quarter worth $88,000.

SPDR S&P Homebuilders ETF Stock Down 1.3 %

XHB stock opened at $121.34 on Friday. SPDR S&P Homebuilders ETF has a twelve month low of $69.32 and a twelve month high of $125.48. The stock has a market capitalization of $2.12 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38. The firm’s fifty day simple moving average is $116.09 and its two-hundred day simple moving average is $109.20.

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.