Q3 Asset Management Buys New Stake in SPDR S&P Homebuilders ETF $XHB

Q3 Asset Management bought a new stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 32,751 shares of the exchange traded fund’s stock, valued at approximately $3,628,000. SPDR S&P Homebuilders ETF makes up 1.2% of Q3 Asset Management’s portfolio, making the stock its 11th largest position. Q3 Asset Management owned approximately 0.21% of SPDR S&P Homebuilders ETF as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of XHB. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of SPDR S&P Homebuilders ETF during the second quarter valued at about $118,481,000. Annex Advisory Services LLC bought a new stake in shares of SPDR S&P Homebuilders ETF during the 3rd quarter worth about $45,309,000. Mirae Asset Securities USA Inc. lifted its position in SPDR S&P Homebuilders ETF by 100.0% in the second quarter. Mirae Asset Securities USA Inc. now owns 500,000 shares of the exchange traded fund’s stock worth $49,285,000 after purchasing an additional 250,000 shares during the period. Diversify Advisory Services LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF in the second quarter valued at $13,578,000. Finally, Raymond James Financial Inc. boosted its stake in SPDR S&P Homebuilders ETF by 116.3% during the second quarter. Raymond James Financial Inc. now owns 227,098 shares of the exchange traded fund’s stock valued at $22,385,000 after buying an additional 122,089 shares in the last quarter.

SPDR S&P Homebuilders ETF Stock Up 1.1%

NYSEARCA:XHB opened at $114.88 on Wednesday. The business’s 50-day moving average price is $105.93 and its 200 day moving average price is $107.88. SPDR S&P Homebuilders ETF has a 52-week low of $84.48 and a 52-week high of $120.58. The firm has a market cap of $1.75 billion, a P/E ratio of 11.47 and a beta of 1.29.

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.