SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $105.09 and traded as high as $108.05. SPDR S&P Homebuilders ETF shares last traded at $107.52, with a volume of 4,176,275 shares changing hands.
SPDR S&P Homebuilders ETF Price Performance
The company’s fifty day moving average is $98.51 and its 200-day moving average is $105.09. The company has a market capitalization of $1.65 billion, a PE ratio of 11.47 and a beta of 1.23.
Institutional Trading of SPDR S&P Homebuilders ETF
Several hedge funds and other institutional investors have recently made changes to their positions in XHB. Arkadios Wealth Advisors boosted its holdings in SPDR S&P Homebuilders ETF by 2.2% in the 1st quarter. Arkadios Wealth Advisors now owns 5,076 shares of the exchange traded fund’s stock valued at $501,000 after purchasing an additional 107 shares during the last quarter. AAFMAA Wealth Management & Trust LLC increased its holdings in SPDR S&P Homebuilders ETF by 1.8% during the 2nd quarter. AAFMAA Wealth Management & Trust LLC now owns 10,659 shares of the exchange traded fund’s stock worth $1,232,000 after purchasing an additional 184 shares during the period. Elevated Capital Advisors LLC acquired a new position in shares of SPDR S&P Homebuilders ETF during the third quarter worth about $26,000. Corient Private Wealth LP grew its holdings in SPDR S&P Homebuilders ETF by 4.7% during the 2nd quarter. Corient Private Wealth LP now owns 6,301 shares of the exchange traded fund’s stock worth $728,000 after acquiring an additional 280 shares in the last quarter. Finally, Eastern Bank acquired a new position in SPDR S&P Homebuilders ETF during the 2nd quarter worth approximately $35,000.
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.
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