HighTower Advisors LLC Acquires 364 Shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

HighTower Advisors LLC raised its stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 7.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,418 shares of the exchange traded fund’s stock after buying an additional 364 shares during the period. HighTower Advisors LLC’s holdings in SPDR S&P Homebuilders ETF were worth $673,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Benjamin Edwards Inc. bought a new position in shares of SPDR S&P Homebuilders ETF in the third quarter valued at approximately $769,000. Flow Traders U.S. LLC raised its holdings in SPDR S&P Homebuilders ETF by 263.0% in the 3rd quarter. Flow Traders U.S. LLC now owns 23,440 shares of the exchange traded fund’s stock worth $2,920,000 after acquiring an additional 16,982 shares during the period. Rockefeller Capital Management L.P. raised its holdings in SPDR S&P Homebuilders ETF by 13.8% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 31,886 shares of the exchange traded fund’s stock worth $3,972,000 after acquiring an additional 3,867 shares during the period. Peterson Wealth Management acquired a new position in SPDR S&P Homebuilders ETF during the 3rd quarter worth $3,189,000. Finally, Quantbot Technologies LP boosted its holdings in SPDR S&P Homebuilders ETF by 14.6% during the third quarter. Quantbot Technologies LP now owns 15,687 shares of the exchange traded fund’s stock valued at $1,954,000 after acquiring an additional 1,993 shares during the period.

SPDR S&P Homebuilders ETF Stock Performance

Shares of NYSEARCA:XHB opened at $104.65 on Friday. SPDR S&P Homebuilders ETF has a 52-week low of $90.96 and a 52-week high of $126.09. The company has a market cap of $1.83 billion, a P/E ratio of 15.57 and a beta of 1.38. The stock’s 50-day moving average is $118.58 and its 200-day moving average is $113.97.

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.