Private Advisor Group LLC Has $6.98 Million Stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Private Advisor Group LLC raised its position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 7.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 66,808 shares of the exchange traded fund’s stock after purchasing an additional 4,664 shares during the period. Private Advisor Group LLC owned 0.38% of SPDR S&P Homebuilders ETF worth $6,982,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of XHB. Raymond James & Associates lifted its position in shares of SPDR S&P Homebuilders ETF by 56.6% in the 3rd quarter. Raymond James & Associates now owns 50,988 shares of the exchange traded fund’s stock worth $6,351,000 after purchasing an additional 18,439 shares during the period. Brighton Jones LLC acquired a new position in shares of SPDR S&P Homebuilders ETF during the 3rd quarter valued at $252,000. Zweig DiMenna Associates LLC acquired a new position in shares of SPDR S&P Homebuilders ETF during the 3rd quarter valued at $2,441,000. Allworth Financial LP lifted its position in shares of SPDR S&P Homebuilders ETF by 10.9% during 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 during the period. Finally, Lyell Wealth Management LP lifted its position in shares of SPDR S&P Homebuilders ETF by 6.1% during the 3rd quarter. Lyell Wealth Management LP now owns 7,000 shares of the exchange traded fund’s stock valued at $872,000 after acquiring an additional 405 shares during the period.

SPDR S&P Homebuilders ETF Stock Down 2.8 %

SPDR S&P Homebuilders ETF stock opened at $101.11 on Friday. SPDR S&P Homebuilders ETF has a 12-month low of $97.40 and a 12-month high of $126.09. The firm’s fifty day moving average is $106.92 and its 200 day moving average is $114.07. The company has a market capitalization of $1.76 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.