Riverbridge Partners LLC acquired a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm acquired 4,923 shares of the exchange traded fund’s stock, valued at approximately $473,000.
Other hedge funds have also recently modified their holdings of the company. Arkadios Wealth Advisors boosted its stake in shares of SPDR S&P Homebuilders ETF by 2.2% in the 1st quarter. Arkadios Wealth Advisors now owns 5,076 shares of the exchange traded fund’s stock worth $501,000 after buying an additional 107 shares during the last quarter. AAFMAA Wealth Management & Trust LLC increased its position in shares of SPDR S&P Homebuilders ETF by 1.8% during the second quarter. AAFMAA Wealth Management & Trust LLC now owns 10,659 shares of the exchange traded fund’s stock valued at $1,232,000 after acquiring an additional 184 shares during the last quarter. Elevated Capital Advisors LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF during the third quarter valued at approximately $26,000. Corient Private Wealth LP increased its position in shares of SPDR S&P Homebuilders ETF by 4.7% during the second quarter. Corient Private Wealth LP now owns 6,301 shares of the exchange traded fund’s stock valued at $728,000 after acquiring an additional 280 shares during the last quarter. Finally, Eastern Bank purchased a new stake in shares of SPDR S&P Homebuilders ETF during the second quarter valued at approximately $35,000.
SPDR S&P Homebuilders ETF Trading Down 0.1%
Shares of SPDR S&P Homebuilders ETF stock opened at $103.10 on Thursday. The business’s fifty day simple moving average is $98.50 and its 200 day simple moving average is $104.85. The firm has a market capitalization of $1.58 billion, a P/E ratio of 11.47 and a beta of 1.23. SPDR S&P Homebuilders ETF has a 12 month low of $91.87 and a 12 month high of $123.13.
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.
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