Spire Wealth Management Increases Stock Position in SPDR S&P Homebuilders ETF $XHB

Spire Wealth Management increased its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 489.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 49,711 shares of the exchange traded fund’s stock after acquiring an additional 41,272 shares during the quarter. Spire Wealth Management’s holdings in SPDR S&P Homebuilders ETF were worth $5,508,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. HB Wealth Management LLC grew its position in SPDR S&P Homebuilders ETF by 5.9% during the 2nd quarter. HB Wealth Management LLC now owns 3,600 shares of the exchange traded fund’s stock worth $355,000 after purchasing an additional 200 shares during the last quarter. Assetmark Inc. boosted its stake in shares of SPDR S&P Homebuilders ETF by 424.0% during the second quarter. Assetmark Inc. now owns 262 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 212 shares during the period. Sigma Planning Corp grew its holdings in shares of SPDR S&P Homebuilders ETF by 3.2% during the second quarter. Sigma Planning Corp now owns 8,128 shares of the exchange traded fund’s stock worth $801,000 after buying an additional 252 shares during the last quarter. AlphaCore Capital LLC grew its holdings in shares of SPDR S&P Homebuilders ETF by 50.7% during the second quarter. AlphaCore Capital LLC now owns 803 shares of the exchange traded fund’s stock worth $79,000 after buying an additional 270 shares during the last quarter. Finally, Institute for Wealth Management LLC. increased its position in SPDR S&P Homebuilders ETF by 1.4% in the 2nd quarter. Institute for Wealth Management LLC. now owns 19,444 shares of the exchange traded fund’s stock valued at $1,917,000 after acquiring an additional 277 shares during the period.

SPDR S&P Homebuilders ETF Stock Down 2.0%

XHB opened at $103.76 on Thursday. SPDR S&P Homebuilders ETF has a 52 week low of $84.48 and a 52 week high of $120.58. The business has a 50 day moving average price of $105.28 and a two-hundred day moving average price of $107.40. The company has a market cap of $1.64 billion, a PE ratio of 11.47 and a beta of 1.29.

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.