North Star Investment Management Corp. Has $4.40 Million Holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

North Star Investment Management Corp. raised its position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 1.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,343 shares of the exchange traded fund’s stock after purchasing an additional 601 shares during the quarter. North Star Investment Management Corp. owned 0.20% of SPDR S&P Homebuilders ETF worth $4,402,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. American Financial Advisors LLC raised its stake in shares of SPDR S&P Homebuilders ETF by 3.6% in the 3rd quarter. American Financial Advisors LLC now owns 2,531 shares of the exchange traded fund’s stock valued at $315,000 after purchasing an additional 89 shares during the period. Allworth Financial LP grew its holdings in shares of SPDR S&P Homebuilders ETF by 10.9% in the 3rd quarter. Allworth Financial LP now owns 1,018 shares of the exchange traded fund’s stock valued at $127,000 after acquiring an additional 100 shares in the last quarter. Raymond James & Associates grew its holdings in shares of SPDR S&P Homebuilders ETF by 0.3% in the 2nd quarter. Raymond James & Associates now owns 32,549 shares of the exchange traded fund’s stock valued at $3,290,000 after acquiring an additional 106 shares in the last quarter. Leuthold Group LLC grew its holdings 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 acquiring an additional 115 shares in the last quarter. Finally, Wealth Effects LLC grew its holdings in SPDR S&P Homebuilders ETF by 2.1% during the third quarter. Wealth Effects LLC now owns 6,094 shares of the exchange traded fund’s stock worth $759,000 after purchasing an additional 126 shares during the period.

SPDR S&P Homebuilders ETF Stock Performance

SPDR S&P Homebuilders ETF stock traded up $1.67 during midday trading on Tuesday, reaching $117.50. 601,226 shares of the company’s stock were exchanged, compared to its average volume of 2,379,516. SPDR S&P Homebuilders ETF has a 52 week low of $75.75 and a 52 week high of $126.07. The firm has a market cap of $2.05 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38. The stock’s 50-day simple moving average is $119.32 and its 200 day simple moving average is $111.05.

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.