AAFMAA Wealth Management & Trust LLC Increases Stock Holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

AAFMAA Wealth Management & Trust LLC lifted its stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 139.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 10,135 shares of the exchange traded fund’s stock after buying an additional 5,904 shares during the quarter. AAFMAA Wealth Management & Trust LLC’s holdings in SPDR S&P Homebuilders ETF were worth $1,262,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of XHB. Family Firm Inc. purchased a new stake in SPDR S&P Homebuilders ETF in the 2nd quarter valued at approximately $62,000. National Bank of Canada FI grew its holdings in SPDR S&P Homebuilders ETF by 238.1% during the second quarter. National Bank of Canada FI now owns 710 shares of the exchange traded fund’s stock worth $70,000 after acquiring an additional 500 shares during the period. Northwest Investment Counselors LLC purchased a new position in SPDR S&P Homebuilders ETF in the first quarter worth $88,000. ORG Partners LLC acquired a new stake in SPDR S&P Homebuilders ETF in the second quarter valued at $93,000. Finally, ORG Wealth Partners LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF during the 3rd quarter worth $117,000.

SPDR S&P Homebuilders ETF Stock Up 1.2 %

NYSEARCA:XHB opened at $125.25 on Thursday. SPDR S&P Homebuilders ETF has a fifty-two week low of $69.32 and a fifty-two week high of $125.98. The firm’s fifty day simple moving average is $117.27 and its 200-day simple moving average is $109.77. The stock has a market cap of $2.19 billion, a PE ratio of 15.57 and a beta of 1.38.

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.