45,201 Shares in SPDR S&P Homebuilders ETF $XHB Purchased by Ellis Investment Partners LLC

Ellis Investment Partners LLC acquired a new position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 45,201 shares of the exchange traded fund’s stock, valued at approximately $4,341,000.

A number of other large investors have also recently added to or reduced their stakes in XHB. Annex Advisory Services LLC acquired a new stake in SPDR S&P Homebuilders ETF in the 3rd quarter valued at approximately $59,766,000. Passaic Partners LLC increased its position in shares of SPDR S&P Homebuilders ETF by 89.6% in the second quarter. Passaic Partners LLC now owns 166,897 shares of the exchange traded fund’s stock valued at $19,287,000 after acquiring an additional 78,852 shares during the last quarter. Greenland Capital Management LP acquired a new position in SPDR S&P Homebuilders ETF during the second quarter valued at approximately $17,334,000. Congress Asset Management Co. bought a new position in SPDR S&P Homebuilders ETF in the third quarter valued at approximately $104,000. Finally, Envestnet Asset Management Inc. raised its stake in shares of SPDR S&P Homebuilders ETF by 312.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 74,979 shares of the exchange traded fund’s stock worth $8,665,000 after purchasing an additional 56,800 shares in the last quarter.

SPDR S&P Homebuilders ETF Stock Down 0.1%

Shares of XHB stock traded down $0.08 on Wednesday, reaching $96.14. The stock had a trading volume of 627,845 shares, compared to its average volume of 2,362,792. SPDR S&P Homebuilders ETF has a 12 month low of $91.87 and a 12 month high of $123.13. The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of 11.47 and a beta of 1.25. The firm’s 50-day moving average is $99.96 and its two-hundred day moving average is $103.89.

SPDR S&P Homebuilders ETF 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.