Total Clarity Wealth Management Inc. Purchases New Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Total Clarity Wealth Management Inc. acquired a new position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,519 shares of the exchange traded fund’s stock, valued at approximately $255,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of XHB. One Capital Management LLC bought a new position in shares of SPDR S&P Homebuilders ETF in the second quarter worth $771,000. Lyell Wealth Management LP boosted its stake in SPDR S&P Homebuilders ETF by 3.1% in the 2nd quarter. Lyell Wealth Management LP now owns 6,595 shares of the exchange traded fund’s stock worth $667,000 after purchasing an additional 200 shares during the period. VitalStone Financial LLC boosted its stake in SPDR S&P Homebuilders ETF by 348.6% in the 2nd quarter. VitalStone Financial LLC now owns 1,395 shares of the exchange traded fund’s stock worth $141,000 after purchasing an additional 1,084 shares during the period. Ellis Investment Partners LLC grew its holdings in SPDR S&P Homebuilders ETF by 5.6% during the 2nd quarter. Ellis Investment Partners LLC now owns 31,498 shares of the exchange traded fund’s stock valued at $3,184,000 after buying an additional 1,678 shares in the last quarter. Finally, Custom Index Systems LLC increased its position in shares of SPDR S&P Homebuilders ETF by 49.7% during the second quarter. Custom Index Systems LLC now owns 6,680 shares of the exchange traded fund’s stock valued at $675,000 after buying an additional 2,219 shares during the period.

SPDR S&P Homebuilders ETF Trading Up 0.8 %

XHB stock opened at $120.46 on Tuesday. The firm has a 50 day moving average of $112.13 and a 200-day moving average of $107.33. The firm has a market capitalization of $2.10 billion, a P/E ratio of 15.57 and a beta of 1.38. SPDR S&P Homebuilders ETF has a 12 month low of $69.32 and a 12 month high of $121.23.

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.