Bank of Montreal Can Boosts Stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Bank of Montreal Can boosted its stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 1.8% during the second quarter, Holdings Channel.com reports. The firm owned 247,332 shares of the exchange traded fund’s stock after purchasing an additional 4,447 shares during the quarter. Bank of Montreal Can’s holdings in SPDR S&P Homebuilders ETF were worth $25,013,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Raymond James & Associates lifted its position in SPDR S&P Homebuilders ETF by 0.3% during the second quarter. Raymond James & Associates now owns 32,549 shares of the exchange traded fund’s stock valued at $3,290,000 after acquiring an additional 106 shares during the last quarter. Leuthold Group LLC raised its stake in SPDR S&P Homebuilders ETF by 0.9% in the second quarter. Leuthold Group LLC now owns 13,023 shares of the exchange traded fund’s stock valued at $1,316,000 after buying an additional 115 shares during the last quarter. Aptus Capital Advisors LLC boosted its stake in SPDR S&P Homebuilders ETF by 13.7% in the 2nd quarter. Aptus Capital Advisors LLC now owns 1,196 shares of the exchange traded fund’s stock worth $121,000 after purchasing an additional 144 shares in the last quarter. Viewpoint Capital Management LLC grew its position in SPDR S&P Homebuilders ETF by 0.4% during the 2nd quarter. Viewpoint Capital Management LLC now owns 49,757 shares of the exchange traded fund’s stock worth $5,029,000 after purchasing an additional 180 shares during the last quarter. Finally, Lyell Wealth Management LP increased its stake in SPDR S&P Homebuilders ETF by 3.1% during the 2nd quarter. Lyell Wealth Management LP now owns 6,595 shares of the exchange traded fund’s stock valued at $667,000 after purchasing an additional 200 shares in the last quarter.

SPDR S&P Homebuilders ETF Trading Up 1.5 %

NYSEARCA XHB opened at $124.27 on Friday. The stock has a market cap of $2.17 billion, a P/E ratio of 15.57 and a beta of 1.38. SPDR S&P Homebuilders ETF has a 12-month low of $69.32 and a 12-month high of $125.48. The company has a fifty day simple moving average of $115.16 and a two-hundred day simple moving average of $108.56.

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.