Beaton Management Co. Inc. acquired a new position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 1,900 shares of the exchange traded fund’s stock, valued at approximately $237,000.
Several other institutional investors have also modified their holdings of the company. Family Firm Inc. bought a new stake in SPDR S&P Homebuilders ETF in the second quarter worth about $62,000. National Bank of Canada FI raised its holdings in shares of SPDR S&P Homebuilders ETF by 238.1% in the 2nd quarter. National Bank of Canada FI now owns 710 shares of the exchange traded fund’s stock worth $70,000 after purchasing an additional 500 shares in the last quarter. ORG Partners LLC acquired a new stake in SPDR S&P Homebuilders ETF during the second quarter valued at approximately $93,000. Northwest Investment Counselors LLC bought a new stake in SPDR S&P Homebuilders ETF during the third quarter worth approximately $98,000. Finally, TruNorth Capital Management LLC acquired a new position in SPDR S&P Homebuilders ETF in the second quarter worth approximately $101,000.
SPDR S&P Homebuilders ETF Stock Performance
NYSEARCA XHB opened at $115.68 on Friday. The stock has a market capitalization of $2.02 billion, a P/E ratio of 15.57 and a beta of 1.38. The business’s fifty day moving average is $119.78 and its two-hundred day moving average is $111.93. SPDR S&P Homebuilders ETF has a 1 year low of $81.40 and a 1 year high of $126.07.
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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