Seamount Financial Group Inc. Acquires 9,466 Shares of SPDR S&P Homebuilders ETF $XHB

Seamount Financial Group Inc. acquired a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 9,466 shares of the exchange traded fund’s stock, valued at approximately $909,000. Seamount Financial Group Inc. owned approximately 0.06% of SPDR S&P Homebuilders ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in XHB. Magnus Financial Group LLC bought a new stake in shares of SPDR S&P Homebuilders ETF in the third quarter valued at about $274,000. Ellis Investment Partners LLC acquired a new position in shares of SPDR S&P Homebuilders ETF during the third quarter worth about $4,341,000. Berkeley Inc acquired a new position in shares of SPDR S&P Homebuilders ETF during the third quarter worth about $442,000. Integrated Advisors Network LLC bought a new position in shares of SPDR S&P Homebuilders ETF during the third quarter worth about $672,000. Finally, Capital Square LLC bought a new position in shares of SPDR S&P Homebuilders ETF during the third quarter worth about $696,000.

SPDR S&P Homebuilders ETF Stock Performance

NYSEARCA:XHB opened at $95.60 on Thursday. The stock has a 50-day simple moving average of $99.71 and a 200 day simple moving average of $103.87. SPDR S&P Homebuilders ETF has a 52-week low of $91.87 and a 52-week high of $123.13. The company has a market cap of $1.53 billion, a PE ratio of 11.47 and a beta of 1.25.

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.