Private Advisor Group LLC Increases Stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Private Advisor Group LLC grew its stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 4.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 62,144 shares of the exchange traded fund’s stock after acquiring an additional 2,661 shares during the quarter. Private Advisor Group LLC owned about 0.36% of SPDR S&P Homebuilders ETF worth $7,741,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Family Firm Inc. bought a new position in shares of SPDR S&P Homebuilders ETF in the 2nd quarter worth approximately $62,000. National Bank of Canada FI lifted its stake in shares of SPDR S&P Homebuilders ETF by 238.1% in the 2nd quarter. National Bank of Canada FI now owns 710 shares of the exchange traded fund’s stock worth $70,000 after purchasing an additional 500 shares during the period. Northwest Investment Counselors LLC bought a new position in shares of SPDR S&P Homebuilders ETF in the 3rd quarter worth approximately $98,000. ORG Partners LLC bought a new position in shares of SPDR S&P Homebuilders ETF in the 2nd quarter worth approximately $93,000. Finally, ORG Wealth Partners LLC bought a new position in shares of SPDR S&P Homebuilders ETF in the 3rd quarter worth approximately $117,000.

SPDR S&P Homebuilders ETF Trading Down 1.4 %

NYSEARCA XHB opened at $116.54 on Friday. SPDR S&P Homebuilders ETF has a 12 month low of $69.44 and a 12 month high of $126.07. The stock has a market cap of $2.03 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38. The company’s 50 day moving average is $119.27 and its two-hundred day moving average is $110.45.

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.