Larson Financial Group LLC Purchases 431 Shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Larson Financial Group LLC raised its position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 1,873.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 454 shares of the exchange traded fund’s stock after buying an additional 431 shares during the period. Larson Financial Group LLC’s holdings in SPDR S&P Homebuilders ETF were worth $47,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in XHB. Kestra Private Wealth Services LLC acquired a new position in shares of SPDR S&P Homebuilders ETF in the 4th quarter worth approximately $502,000. Rockefeller Capital Management L.P. boosted its stake 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 in the last quarter. Principal Financial Group Inc. bought a new stake in shares of SPDR S&P Homebuilders ETF during the fourth quarter worth $3,030,000. Janney Montgomery Scott LLC increased its stake in shares of SPDR S&P Homebuilders ETF by 5.5% in the third 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 in the last quarter. Finally, HB Wealth Management LLC raised its holdings in shares of SPDR S&P Homebuilders ETF by 21.7% in the fourth 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 during the last quarter.

SPDR S&P Homebuilders ETF Stock Down 0.7 %

Shares of NYSEARCA:XHB opened at $98.01 on Thursday. The firm has a market cap of $1.58 billion, a P/E ratio of 12.86 and a beta of 1.48. SPDR S&P Homebuilders ETF has a 12 month low of $96.51 and a 12 month high of $126.09. The company’s 50-day moving average price is $105.49 and its two-hundred day moving average price is $113.29.

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.