Peterson Wealth Management Invests $4.44 Million in SPDR S&P Homebuilders ETF $XHB

Peterson Wealth Management bought a new position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 40,028 shares of the exchange traded fund’s stock, valued at approximately $4,435,000. SPDR S&P Homebuilders ETF accounts for approximately 3.1% of Peterson Wealth Management’s portfolio, making the stock its 15th largest holding.

Other institutional investors also recently bought and sold shares of the company. Register Financial Advisors LLC lifted its holdings in SPDR S&P Homebuilders ETF by 6.9% in the third quarter. Register Financial Advisors LLC now owns 1,547 shares of the exchange traded fund’s stock valued at $171,000 after acquiring an additional 100 shares during the period. Clearstead Advisors LLC grew its stake in shares of SPDR S&P Homebuilders ETF by 5.5% during the 3rd quarter. Clearstead Advisors LLC now owns 1,968 shares of the exchange traded fund’s stock worth $218,000 after purchasing an additional 103 shares during the period. Smith Moore & CO. grew its stake in shares of SPDR S&P Homebuilders ETF by 2.0% during the 3rd quarter. Smith Moore & CO. now owns 6,072 shares of the exchange traded fund’s stock worth $673,000 after purchasing an additional 119 shares during the period. Capital Square LLC increased its holdings in shares of SPDR S&P Homebuilders ETF by 1.5% during the 3rd quarter. Capital Square LLC now owns 8,722 shares of the exchange traded fund’s stock valued at $966,000 after purchasing an additional 129 shares in the last quarter. Finally, Quantbot Technologies LP increased its holdings in shares of SPDR S&P Homebuilders ETF by 66.4% during the 3rd quarter. Quantbot Technologies LP now owns 426 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 170 shares in the last quarter.

SPDR S&P Homebuilders ETF Price Performance

XHB opened at $99.59 on Thursday. The firm has a fifty day moving average price of $112.39 and a 200 day moving average price of $109.53. SPDR S&P Homebuilders ETF has a 1 year low of $84.48 and a 1 year high of $123.13. The stock has a market cap of $1.56 billion, a P/E ratio of 11.47 and a beta of 1.29.

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.