SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Shares Purchased by Nwam LLC

Nwam LLC boosted its position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 11.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,308 shares of the exchange traded fund’s stock after acquiring an additional 840 shares during the quarter. Nwam LLC’s holdings in SPDR S&P Homebuilders ETF were worth $868,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Marshall Investment Management LLC purchased a new position in SPDR S&P Homebuilders ETF in the fourth quarter valued at approximately $712,000. Pinnacle Financial Partners Inc grew its position in shares of SPDR S&P Homebuilders ETF by 1.0% during the fourth quarter. Pinnacle Financial Partners Inc now owns 10,311 shares of the exchange traded fund’s stock worth $1,078,000 after acquiring an additional 103 shares during the last quarter. Meitav Investment House Ltd. grew its position in shares of SPDR S&P Homebuilders ETF by 54.9% during the fourth quarter. Meitav Investment House Ltd. now owns 212,293 shares of the exchange traded fund’s stock worth $22,185,000 after acquiring an additional 75,244 shares during the last quarter. Private Advisor Group LLC grew its position in shares of SPDR S&P Homebuilders ETF by 7.5% during the fourth quarter. Private Advisor Group LLC now owns 66,808 shares of the exchange traded fund’s stock worth $6,982,000 after acquiring an additional 4,664 shares during the last quarter. Finally, Principal Financial Group Inc. purchased a new position in shares of SPDR S&P Homebuilders ETF during the fourth quarter worth approximately $3,030,000.

SPDR S&P Homebuilders ETF Trading Up 0.7 %

Shares of XHB opened at $101.39 on Friday. The firm has a market cap of $1.63 billion, a PE ratio of 12.86 and a beta of 1.48. The company’s 50 day simple moving average is $106.33 and its 200-day simple moving average is $113.91. SPDR S&P Homebuilders ETF has a 12-month low of $97.40 and a 12-month high of $126.09.

SPDR S&P Homebuilders ETF Company 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.