Flputnam Investment Management Co. boosted its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Free Report) by 13.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,550 shares of the exchange traded fund’s stock after purchasing an additional 410 shares during the period. Flputnam Investment Management Co.’s holdings in SPDR S&P Homebuilders ETF were worth $371,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Howe & Rusling Inc. bought a new position in shares of SPDR S&P Homebuilders ETF in the 3rd quarter worth approximately $28,000. Financial Life Planners bought a new position in SPDR S&P Homebuilders ETF in the fourth quarter worth approximately $45,000. New Wave Wealth Advisors LLC purchased a new position in shares of SPDR S&P Homebuilders ETF during the 4th quarter worth $52,000. St. Johns Investment Management Company LLC bought a new stake in shares of SPDR S&P Homebuilders ETF during the 4th quarter valued at $65,000. Finally, EP Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF in the 3rd quarter worth $120,000.
SPDR S&P Homebuilders ETF Stock Performance
Shares of SPDR S&P Homebuilders ETF stock opened at $98.99 on Tuesday. The stock’s fifty day moving average is $106.24 and its 200 day moving average is $113.94. SPDR S&P Homebuilders ETF has a one year low of $97.40 and a one year high of $126.09. The stock has a market cap of $1.59 billion, a P/E ratio of 12.86 and a beta of 1.48.
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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