Tidal Investments LLC Has $3.26 Million Stock Holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Tidal Investments LLC raised its position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 74.9% in the 3rd quarter, Holdings Channel reports. The firm owned 26,178 shares of the exchange traded fund’s stock after acquiring an additional 11,213 shares during the period. Tidal Investments LLC’s holdings in SPDR S&P Homebuilders ETF were worth $3,261,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Mirae Asset Securities USA Inc. acquired a new stake in shares of SPDR S&P Homebuilders ETF in the 2nd quarter valued at approximately $50,540,000. Kingsview Wealth Management LLC lifted its position in shares of SPDR S&P Homebuilders ETF by 2,386.5% in the 3rd quarter. Kingsview Wealth Management LLC now owns 63,554 shares of the exchange traded fund’s stock worth $7,916,000 after purchasing an additional 60,998 shares during the period. Bricktown Capital LLC bought a new stake in SPDR S&P Homebuilders ETF during the second quarter valued at $5,518,000. PNC Financial Services Group Inc. grew its stake in SPDR S&P Homebuilders ETF by 143.9% during the third quarter. PNC Financial Services Group Inc. now owns 82,907 shares of the exchange traded fund’s stock worth $10,327,000 after purchasing an additional 48,910 shares during the period. Finally, SMI Advisory Services LLC bought a new stake in SPDR S&P Homebuilders ETF in the third quarter worth approximately $5,873,000.

SPDR S&P Homebuilders ETF Stock Performance

SPDR S&P Homebuilders ETF stock opened at $114.38 on Friday. The stock’s 50 day moving average price is $119.25 and its two-hundred day moving average price is $113.82. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38. SPDR S&P Homebuilders ETF has a 52-week low of $90.96 and a 52-week high of $126.09.

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.