Smartleaf Asset Management LLC Buys Shares of 5,866 SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Smartleaf Asset Management LLC bought a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 5,866 shares of the exchange traded fund’s stock, valued at approximately $613,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in XHB. Mirae Asset Global Investments Co. Ltd. purchased a new stake in SPDR S&P Homebuilders ETF in the third quarter valued at approximately $236,000. Clear Creek Financial Management LLC increased its position in shares of SPDR S&P Homebuilders ETF by 7.8% during the third quarter. Clear Creek Financial Management LLC now owns 2,638 shares of the exchange traded fund’s stock worth $329,000 after acquiring an additional 191 shares during the period. Janney Montgomery Scott LLC increased its position in shares of SPDR S&P Homebuilders ETF by 5.5% during the third quarter. Janney Montgomery Scott LLC now owns 8,324 shares of the exchange traded fund’s stock worth $1,037,000 after acquiring an additional 431 shares during the period. Roman Butler Fullerton & Co. purchased a new stake in shares of SPDR S&P Homebuilders ETF during the third quarter worth $215,000. Finally, World Equity Group Inc. purchased a new stake in shares of SPDR S&P Homebuilders ETF during the third quarter worth $285,000.

SPDR S&P Homebuilders ETF Trading Down 2.4 %

SPDR S&P Homebuilders ETF stock opened at $98.99 on Tuesday. SPDR S&P Homebuilders ETF has a twelve month low of $97.40 and a twelve month high of $126.09. The stock’s fifty day simple moving average is $106.24 and its 200-day simple moving average is $113.94. The firm has a market capitalization of $1.59 billion, a P/E ratio of 12.86 and a beta of 1.48.

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.