Cadent Capital Advisors LLC Invests $653,000 in SPDR S&P Homebuilders ETF $XHB

Cadent Capital Advisors LLC acquired a new position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 5,892 shares of the exchange traded fund’s stock, valued at approximately $653,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Assetmark Inc. increased its position in SPDR S&P Homebuilders ETF by 424.0% in the 2nd quarter. Assetmark Inc. now owns 262 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 212 shares during the last quarter. Private Wealth Asset Management LLC bought a new stake in shares of SPDR S&P Homebuilders ETF in the 2nd quarter valued at approximately $39,000. Berkshire Money Management Inc. acquired a new position in SPDR S&P Homebuilders ETF in the second quarter worth approximately $49,000. Private Trust Co. NA raised its position in SPDR S&P Homebuilders ETF by 128.0% during the second quarter. Private Trust Co. NA now owns 734 shares of the exchange traded fund’s stock valued at $72,000 after acquiring an additional 412 shares in the last quarter. Finally, AlphaCore Capital LLC lifted its stake in SPDR S&P Homebuilders ETF by 50.7% in the second quarter. AlphaCore Capital LLC now owns 803 shares of the exchange traded fund’s stock valued at $79,000 after acquiring an additional 270 shares during the last quarter.

SPDR S&P Homebuilders ETF Stock Up 0.7%

XHB stock opened at $104.79 on Thursday. The firm has a 50 day moving average of $106.04 and a two-hundred day moving average of $106.75. SPDR S&P Homebuilders ETF has a 12 month low of $84.48 and a 12 month high of $120.58. The company has a market capitalization of $1.70 billion, a price-to-earnings ratio of 11.47 and a beta of 1.29.

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.