Leuthold Group LLC Increases Stock Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Leuthold Group LLC lifted its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 10.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 12,333 shares of the exchange traded fund’s stock after purchasing an additional 1,156 shares during the period. Leuthold Group LLC’s holdings in SPDR S&P Homebuilders ETF were worth $1,180,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in XHB. AlphaMark Advisors LLC purchased a new position in SPDR S&P Homebuilders ETF during the fourth quarter valued at approximately $34,000. BKM Wealth Management LLC bought a new stake in SPDR S&P Homebuilders ETF during the fourth quarter valued at $48,000. Global Trust Asset Management LLC grew its position in SPDR S&P Homebuilders ETF by 57.1% during the fourth quarter. Global Trust Asset Management LLC now owns 825 shares of the exchange traded fund’s stock worth $79,000 after buying an additional 300 shares in the last quarter. Friedenthal Financial purchased a new stake in shares of SPDR S&P Homebuilders ETF in the 4th quarter valued at about $110,000. Finally, Column Capital Advisors LLC bought a new stake in shares of SPDR S&P Homebuilders ETF during the 3rd quarter valued at about $103,000.

SPDR S&P Homebuilders ETF Price Performance

NYSEARCA:XHB traded down $0.13 during trading hours on Tuesday, hitting $106.73. The company had a trading volume of 379,357 shares, compared to its average volume of 2,806,690. The stock has a 50-day moving average price of $105.44 and a 200 day moving average price of $94.83. SPDR S&P Homebuilders ETF has a 52 week low of $68.39 and a 52 week high of $111.96. The company has a market capitalization of $1.86 billion, a PE ratio of 15.57 and a beta of 1.38.

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.