Marshall Investment Management LLC Makes New Investment in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Marshall Investment Management LLC bought a new position in SPDR S&P Homebuilders ETF (NYSEARCA:XHBFree Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 6,809 shares of the exchange traded fund’s stock, valued at approximately $712,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Howe & Rusling Inc. bought a new position in shares of SPDR S&P Homebuilders ETF in the 3rd quarter worth $28,000. Financial Life Planners bought a new position in shares of SPDR S&P Homebuilders ETF in the 4th quarter worth $45,000. New Wave Wealth Advisors LLC bought a new position in shares of SPDR S&P Homebuilders ETF in the 4th quarter worth $52,000. St. Johns Investment Management Company LLC bought a new position in shares of SPDR S&P Homebuilders ETF in the 4th quarter worth $65,000. Finally, EP Wealth Advisors LLC bought a new position in shares of SPDR S&P Homebuilders ETF in the 3rd quarter worth $120,000.

SPDR S&P Homebuilders ETF Price Performance

Shares of NYSEARCA:XHB opened at $101.11 on Friday. The company’s fifty day moving average price is $106.92 and its 200-day moving average price is $114.11. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38. SPDR S&P Homebuilders ETF has a one year low of $97.40 and a one year high of $126.09.

SPDR S&P Homebuilders ETF Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding XHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Homebuilders ETF (NYSEARCA:XHBFree Report).

Institutional Ownership by Quarter for SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Receive News & Ratings for SPDR S&P Homebuilders ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Homebuilders ETF and related companies with MarketBeat.com's FREE daily email newsletter.