Silver Oak Securities Incorporated Buys New Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Silver Oak Securities Incorporated bought a new position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,076 shares of the exchange traded fund’s stock, valued at approximately $217,000.

A number of other institutional investors also recently modified their holdings of the stock. Rockefeller Capital Management L.P. grew its holdings in SPDR S&P Homebuilders ETF by 13.8% in the third quarter. Rockefeller Capital Management L.P. now owns 31,886 shares of the exchange traded fund’s stock worth $3,972,000 after purchasing an additional 3,867 shares during the period. SG Americas Securities LLC boosted its position in shares of SPDR S&P Homebuilders ETF by 12.7% during the 3rd quarter. SG Americas Securities LLC now owns 4,736 shares of the exchange traded fund’s stock worth $590,000 after purchasing an additional 535 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of SPDR S&P Homebuilders ETF by 5.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 8,324 shares of the exchange traded fund’s stock valued at $1,037,000 after buying an additional 431 shares during the period. HB Wealth Management LLC increased its position in SPDR S&P Homebuilders ETF by 21.7% in the 4th quarter. HB Wealth Management LLC now owns 4,484 shares of the exchange traded fund’s stock valued at $469,000 after buying an additional 800 shares in the last quarter. Finally, Orion Portfolio Solutions LLC raised its stake in SPDR S&P Homebuilders ETF by 13.0% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 6,864 shares of the exchange traded fund’s stock worth $855,000 after buying an additional 792 shares during the period.

SPDR S&P Homebuilders ETF Stock Performance

Shares of NYSEARCA:XHB opened at $104.89 on Monday. The firm has a market cap of $1.83 billion, a P/E ratio of 15.57 and a beta of 1.38. SPDR S&P Homebuilders ETF has a 52-week low of $96.13 and a 52-week high of $126.09. The business’s 50 day simple moving average is $109.66 and its two-hundred day simple moving average is $114.73.

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.