Smartleaf Asset Management LLC Invests $613,000 in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Smartleaf Asset Management LLC bought a new position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,866 shares of the exchange traded fund’s stock, valued at approximately $613,000.

Several other institutional investors and hedge funds have also made changes to their positions in XHB. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of SPDR S&P Homebuilders ETF during the 3rd quarter valued at approximately $236,000. Clear Creek Financial Management LLC raised its position in shares of SPDR S&P Homebuilders ETF by 7.8% during the 3rd quarter. Clear Creek Financial Management LLC now owns 2,638 shares of the exchange traded fund’s stock valued at $329,000 after buying an additional 191 shares during the period. Janney Montgomery Scott LLC raised its position in shares of SPDR S&P Homebuilders ETF by 5.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 8,324 shares of the exchange traded fund’s stock valued at $1,037,000 after buying an additional 431 shares during the period. Roman Butler Fullerton & Co. purchased a new stake in shares of SPDR S&P Homebuilders ETF during the 3rd quarter valued at approximately $215,000. Finally, World Equity Group Inc. purchased a new stake in shares of SPDR S&P Homebuilders ETF during the 3rd quarter valued at approximately $285,000.

SPDR S&P Homebuilders ETF Stock Performance

XHB stock opened at $98.99 on Tuesday. The firm has a market cap of $1.59 billion, a PE ratio of 12.86 and a beta of 1.48. The firm’s 50 day moving average price is $106.24 and its 200-day moving average price is $113.94. SPDR S&P Homebuilders ETF has a one year low of $97.40 and a one year high of $126.09.

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.