Lyell Wealth Management LP Increases Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Lyell Wealth Management LP grew its stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 6.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,000 shares of the exchange traded fund’s stock after acquiring an additional 405 shares during the period. Lyell Wealth Management LP’s holdings in SPDR S&P Homebuilders ETF were worth $872,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD grew its holdings in SPDR S&P Homebuilders ETF by 5.3% in the first 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 purchasing an additional 53,120 shares during the last quarter. Mirae Asset Securities USA Inc. acquired a new position in SPDR S&P Homebuilders ETF during the second quarter worth about $50,540,000. Bank of Montreal Can lifted its holdings in shares of SPDR S&P Homebuilders ETF by 1.8% in the second quarter. Bank of Montreal Can now owns 247,332 shares of the exchange traded fund’s stock valued at $25,013,000 after purchasing an additional 4,447 shares in the last quarter. Meitav Investment House Ltd. grew its position in shares of SPDR S&P Homebuilders ETF by 1.2% in the second quarter. Meitav Investment House Ltd. now owns 135,893 shares of the exchange traded fund’s stock valued at $13,736,000 after purchasing an additional 1,561 shares during the last quarter. Finally, Passaic Partners LLC purchased a new position in shares of SPDR S&P Homebuilders ETF during the 1st quarter worth approximately $13,326,000.

SPDR S&P Homebuilders ETF Stock Performance

XHB stock opened at $116.54 on Friday. SPDR S&P Homebuilders ETF has a 1 year low of $69.44 and a 1 year high of $126.07. The stock’s 50 day moving average price is $119.27 and its 200 day moving average price is $110.45. The firm has a market cap of $2.03 billion, a P/E ratio of 15.57 and a beta of 1.38.

About SPDR S&P Homebuilders ETF

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.