RCW Management LLC Takes Position in SPDR S&P Homebuilders ETF $XHB

RCW Management LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,233 shares of the exchange traded fund’s stock, valued at approximately $745,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Barclays PLC lifted its stake in SPDR S&P Homebuilders ETF by 933.7% in the third quarter. Barclays PLC now owns 871,789 shares of the exchange traded fund’s stock worth $96,594,000 after acquiring an additional 787,454 shares during the period. BNP Paribas Financial Markets lifted its stake in SPDR S&P Homebuilders ETF by 529.7% in the third quarter. BNP Paribas Financial Markets now owns 720,762 shares of the exchange traded fund’s stock worth $79,860,000 after acquiring an additional 606,305 shares during the period. Moore Capital Management LP purchased a new stake in SPDR S&P Homebuilders ETF in the third quarter worth $49,513,000. Kingsview Wealth Management LLC purchased a new stake in SPDR S&P Homebuilders ETF in the third quarter worth $15,519,000. Finally, Raymond James Financial Inc. lifted its stake in SPDR S&P Homebuilders ETF by 116.3% in the second quarter. Raymond James Financial Inc. now owns 227,098 shares of the exchange traded fund’s stock worth $22,385,000 after acquiring an additional 122,089 shares during the period.

SPDR S&P Homebuilders ETF Stock Performance

XHB stock traded up $2.06 on Thursday, reaching $106.10. The company’s stock had a trading volume of 892,971 shares, compared to its average volume of 2,435,257. The business has a fifty day simple moving average of $105.10 and a two-hundred day simple moving average of $107.40. SPDR S&P Homebuilders ETF has a 12-month low of $91.71 and a 12-month high of $123.13. The firm has a market cap of $1.58 billion, a PE ratio of 11.47 and a beta of 1.35.

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.