Peak Financial Advisors LLC Makes New Investment in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Peak Financial Advisors LLC acquired a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 12,688 shares of the exchange traded fund’s stock, valued at approximately $1,326,000. Peak Financial Advisors LLC owned approximately 0.07% of SPDR S&P Homebuilders ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. One Capital Management LLC purchased a new position in shares of SPDR S&P Homebuilders ETF in the 2nd quarter valued at about $771,000. Total Clarity Wealth Management Inc. acquired a new position in SPDR S&P Homebuilders ETF during the 2nd quarter worth approximately $255,000. Waterloo Capital L.P. acquired a new position in SPDR S&P Homebuilders ETF during the 2nd quarter worth approximately $4,612,000. Leuthold Group LLC increased its position 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 during the last quarter. Finally, Thrivent Financial for Lutherans raised its holdings in shares of SPDR S&P Homebuilders ETF by 45.9% in the 2nd quarter. Thrivent Financial for Lutherans now owns 5,819 shares of the exchange traded fund’s stock valued at $588,000 after purchasing an additional 1,830 shares in the last quarter.

SPDR S&P Homebuilders ETF Trading Up 2.9 %

Shares of XHB stock opened at $106.94 on Wednesday. The company has a market cap of $1.87 billion, a P/E ratio of 15.57 and a beta of 1.38. SPDR S&P Homebuilders ETF has a 12 month low of $92.67 and a 12 month high of $126.09. The firm has a fifty day moving average price of $113.05 and a 200 day moving average price of $114.28.

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.