Kingsview Wealth Management LLC boosted its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Free Report) by 3.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 145,338 shares of the exchange traded fund’s stock after acquiring an additional 5,279 shares during the period. Kingsview Wealth Management LLC’s holdings in SPDR S&P Homebuilders ETF were worth $14,964,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently added to or reduced their stakes in the company. Founders Financial Alliance LLC acquired a new position in SPDR S&P Homebuilders ETF in the third quarter worth $27,000. Elevated Capital Advisors LLC acquired a new position in SPDR S&P Homebuilders ETF in the fourth quarter worth $28,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in SPDR S&P Homebuilders ETF in the fourth quarter valued at $32,000. Quantbot Technologies LP lifted its stake in SPDR S&P Homebuilders ETF by 66.4% in the third quarter. Quantbot Technologies LP now owns 426 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 170 shares during the last quarter. Finally, Copia Wealth Management lifted its stake in SPDR S&P Homebuilders ETF by 79.2% in the fourth quarter. Copia Wealth Management now owns 430 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 190 shares during the last quarter.
SPDR S&P Homebuilders ETF Stock Performance
XHB stock opened at $103.31 on Thursday. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of 11.47 and a beta of 1.30. SPDR S&P Homebuilders ETF has a 1 year low of $91.71 and a 1 year high of $123.13. The stock’s fifty day moving average is $101.75 and its two-hundred day moving average is $106.65.
About SPDR S&P Homebuilders ETF
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.
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Want to see what other hedge funds are holding XHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Free Report).
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