Passaic Partners LLC grew its stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Free Report) by 74.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 288,379 shares of the exchange traded fund’s stock after acquiring an additional 123,065 shares during the period. SPDR S&P Homebuilders ETF comprises about 3.1% of Passaic Partners LLC’s holdings, making the stock its 7th biggest position. Passaic Partners LLC owned about 1.84% of SPDR S&P Homebuilders ETF worth $29,692,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Clearstead Advisors LLC lifted its position in shares of SPDR S&P Homebuilders ETF by 5.5% during the 3rd quarter. Clearstead Advisors LLC now owns 1,968 shares of the exchange traded fund’s stock valued at $218,000 after acquiring an additional 103 shares during the period. Smith Moore & CO. lifted its position in shares of SPDR S&P Homebuilders ETF by 2.0% during the 3rd quarter. Smith Moore & CO. now owns 6,072 shares of the exchange traded fund’s stock valued at $673,000 after acquiring an additional 119 shares during the period. Capital Square LLC lifted its position in shares of SPDR S&P Homebuilders ETF by 1.5% during the 3rd quarter. Capital Square LLC now owns 8,722 shares of the exchange traded fund’s stock valued at $966,000 after acquiring an additional 129 shares during the period. Quantbot Technologies LP raised its position in shares of SPDR S&P Homebuilders ETF by 66.4% during the 3rd quarter. Quantbot Technologies LP now owns 426 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 170 shares during the last quarter. Finally, Copia Wealth Management raised its position in shares of SPDR S&P Homebuilders ETF by 79.2% during the 4th quarter. Copia Wealth Management now owns 430 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 190 shares during the last quarter.
SPDR S&P Homebuilders ETF Price Performance
Shares of SPDR S&P Homebuilders ETF stock opened at $107.02 on Wednesday. SPDR S&P Homebuilders ETF has a 1 year low of $92.86 and a 1 year high of $123.13. The company has a market capitalization of $1.56 billion, a P/E ratio of 11.47 and a beta of 1.26. The business has a 50 day moving average price of $102.64 and a 200 day moving average price of $106.68.
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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