St. Johns Investment Management Company LLC bought a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 624 shares of the exchange traded fund’s stock, valued at approximately $65,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in XHB. Bank of Montreal Can grew its holdings in shares of SPDR S&P Homebuilders ETF by 1.8% in the 2nd quarter. Bank of Montreal Can now owns 247,332 shares of the exchange traded fund’s stock valued at $25,013,000 after acquiring an additional 4,447 shares in the last quarter. Meitav Investment House Ltd. grew its stake in SPDR S&P Homebuilders ETF by 0.9% in the third quarter. Meitav Investment House Ltd. now owns 137,049 shares of the exchange traded fund’s stock valued at $17,042,000 after purchasing an additional 1,156 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of SPDR S&P Homebuilders ETF by 143.9% during the 3rd 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 last quarter. HMS Capital Management LLC increased its position in shares of SPDR S&P Homebuilders ETF by 2.3% during the 3rd quarter. HMS Capital Management LLC now owns 66,483 shares of the exchange traded fund’s stock worth $8,281,000 after purchasing an additional 1,469 shares during the last quarter. Finally, Kingsview Wealth Management LLC boosted its holdings 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 valued at $7,916,000 after buying an additional 60,998 shares during the last quarter.
SPDR S&P Homebuilders ETF Trading Up 0.3 %
Shares of XHB opened at $111.91 on Friday. The company’s fifty day simple moving average is $112.11 and its 200 day simple moving average is $114.66. SPDR S&P Homebuilders ETF has a 1-year low of $92.67 and a 1-year high of $126.09. The company has a market cap of $1.95 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38.
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.
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