Meitav Investment House Ltd. Buys 75,244 Shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Meitav Investment House Ltd. boosted its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 54.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 212,293 shares of the exchange traded fund’s stock after acquiring an additional 75,244 shares during the quarter. Meitav Investment House Ltd. owned 1.22% of SPDR S&P Homebuilders ETF worth $22,185,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Howe & Rusling Inc. acquired a new position in shares of SPDR S&P Homebuilders ETF during the third quarter worth about $28,000. Financial Life Planners bought a new position in shares of SPDR S&P Homebuilders ETF during the 4th quarter worth approximately $45,000. New Wave Wealth Advisors LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF in the fourth quarter valued at approximately $52,000. St. Johns Investment Management Company LLC bought a new stake in shares of SPDR S&P Homebuilders ETF in the fourth quarter worth $65,000. Finally, EP Wealth Advisors LLC acquired a new position in SPDR S&P Homebuilders ETF during the third quarter worth $120,000.

SPDR S&P Homebuilders ETF Price Performance

SPDR S&P Homebuilders ETF stock opened at $104.11 on Thursday. The firm has a 50-day moving average of $107.43 and a 200-day moving average of $114.19. SPDR S&P Homebuilders ETF has a one year low of $97.12 and a one year high of $126.09. The company has a market cap of $1.82 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.