Carl P. Sherr & Co. LLC Makes New $582,000 Investment in SPDR S&P Homebuilders ETF $XHB

Carl P. Sherr & Co. LLC bought a new stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the third quarter, HoldingsChannel reports. The institutional investor bought 6,061 shares of the exchange traded fund’s stock, valued at approximately $582,000.

Other hedge funds have also made changes to their positions in the company. Annex Advisory Services LLC bought a new position in shares of SPDR S&P Homebuilders ETF during the 3rd quarter worth $59,766,000. Greenland Capital Management LP purchased a new position in shares of SPDR S&P Homebuilders ETF during the second quarter valued at $17,334,000. Congress Asset Management Co. bought a new stake in shares of SPDR S&P Homebuilders ETF in the third quarter valued at about $104,000. Allspring Global Investments Holdings LLC raised its holdings in shares of SPDR S&P Homebuilders ETF by 28,444.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 91,343 shares of the exchange traded fund’s stock valued at $8,840,000 after acquiring an additional 91,023 shares in the last quarter. Finally, Passaic Partners LLC raised its holdings in shares of SPDR S&P Homebuilders ETF by 89.6% in the second quarter. Passaic Partners LLC now owns 166,897 shares of the exchange traded fund’s stock valued at $19,287,000 after acquiring an additional 78,852 shares in the last quarter.

SPDR S&P Homebuilders ETF Price Performance

NYSEARCA:XHB opened at $102.07 on Friday. SPDR S&P Homebuilders ETF has a 1-year low of $91.87 and a 1-year high of $123.13. The company has a 50-day moving average of $98.50 and a 200 day moving average of $104.76. The firm has a market cap of $1.57 billion, a PE ratio of 19.74 and a beta of 1.23.

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.