SPDR S&P Homebuilders ETF $XHB Position Increased by Passaic Partners LLC

Passaic Partners LLC lifted its position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 89.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 166,897 shares of the exchange traded fund’s stock after acquiring an additional 78,852 shares during the quarter. SPDR S&P Homebuilders ETF accounts for approximately 1.4% of Passaic Partners LLC’s portfolio, making the stock its 8th largest holding. Passaic Partners LLC owned about 1.19% of SPDR S&P Homebuilders ETF worth $19,287,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Strive Financial Group LLC purchased a new stake in SPDR S&P Homebuilders ETF in the 4th quarter valued at approximately $31,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of SPDR S&P Homebuilders ETF during the 4th quarter worth approximately $32,000. Eastern Bank purchased a new position in shares of SPDR S&P Homebuilders ETF during the 2nd quarter worth approximately $35,000. Evolution Wealth Management Inc. acquired a new stake in shares of SPDR S&P Homebuilders ETF in the 1st quarter valued at approximately $37,000. Finally, Financial Life Planners acquired a new stake in shares of SPDR S&P Homebuilders ETF in the 1st quarter valued at approximately $43,000.

SPDR S&P Homebuilders ETF Price Performance

SPDR S&P Homebuilders ETF stock opened at $103.25 on Friday. The stock’s 50 day moving average price is $107.70 and its 200 day moving average price is $106.14. SPDR S&P Homebuilders ETF has a 1-year low of $93.57 and a 1-year high of $123.13. The company has a market cap of $1.45 billion, a PE ratio of 11.47 and a beta of 1.25.

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.