WMG Financial Advisors LLC Invests $680,000 in SPDR S&P Homebuilders ETF $XHB

WMG Financial Advisors LLC bought a new position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 6,600 shares of the exchange traded fund’s stock, valued at approximately $680,000.

A number of other large investors have also recently made changes to their positions in XHB. Jones Financial Companies Lllp increased its holdings in shares of SPDR S&P Homebuilders ETF by 24.0% in the 1st quarter. Jones Financial Companies Lllp now owns 6,638 shares of the exchange traded fund’s stock worth $643,000 after buying an additional 1,283 shares during the last quarter. Focus Partners Wealth raised its position in SPDR S&P Homebuilders ETF by 190.6% in the 1st quarter. Focus Partners Wealth now owns 8,710 shares of the exchange traded fund’s stock worth $844,000 after purchasing an additional 5,713 shares during the period. Raymond James Financial Inc. raised its position in SPDR S&P Homebuilders ETF by 116.3% in the 2nd quarter. Raymond James Financial Inc. now owns 227,098 shares of the exchange traded fund’s stock worth $22,385,000 after purchasing an additional 122,089 shares during the period. BTG Pactual Asset Management US LLC purchased a new stake in SPDR S&P Homebuilders ETF in the 2nd quarter worth about $106,000. Finally, Group One Trading LLC raised its position in SPDR S&P Homebuilders ETF by 239.4% in the 2nd quarter. Group One Trading LLC now owns 20,115 shares of the exchange traded fund’s stock worth $1,983,000 after purchasing an additional 14,188 shares during the period.

SPDR S&P Homebuilders ETF Price Performance

SPDR S&P Homebuilders ETF stock opened at $108.80 on Wednesday. SPDR S&P Homebuilders ETF has a 1-year low of $89.77 and a 1-year high of $123.13. The firm has a market capitalization of $1.55 billion, a P/E ratio of 11.47 and a beta of 1.35. The company’s 50-day moving average is $106.63 and its 200 day moving average is $107.37.

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.