AssuredPartners Investment Advisors LLC Invests $262,000 in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

AssuredPartners Investment Advisors LLC bought a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 2,506 shares of the exchange traded fund’s stock, valued at approximately $262,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kestra Private Wealth Services LLC purchased a new position in shares of SPDR S&P Homebuilders ETF during the fourth quarter worth about $502,000. Rockefeller Capital Management L.P. grew its stake in SPDR S&P Homebuilders ETF by 13.8% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 31,886 shares of the exchange traded fund’s stock worth $3,972,000 after buying an additional 3,867 shares during the last quarter. Principal Financial Group Inc. acquired a new position in SPDR S&P Homebuilders ETF during the fourth quarter worth approximately $3,030,000. HB Wealth Management LLC lifted its stake in 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. Finally, Jones Financial Companies Lllp boosted its holdings in shares of SPDR S&P Homebuilders ETF by 62.5% in the fourth quarter. Jones Financial Companies Lllp now owns 5,355 shares of the exchange traded fund’s stock valued at $560,000 after acquiring an additional 2,059 shares during the period.

SPDR S&P Homebuilders ETF Price Performance

Shares of SPDR S&P Homebuilders ETF stock opened at $96.10 on Friday. The firm’s fifty day simple moving average is $103.55 and its 200-day simple moving average is $111.79. SPDR S&P Homebuilders ETF has a 12 month low of $95.18 and a 12 month high of $126.09. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 12.18 and a beta of 1.51.

SPDR S&P Homebuilders ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were paid a $0.313 dividend. The ex-dividend date was Monday, March 24th. This is a positive change from SPDR S&P Homebuilders ETF’s previous dividend of $0.15.

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.