Hsbc Holdings PLC Purchases Shares of 6,833 SPDR S&P Homebuilders ETF $XHB

Hsbc Holdings PLC acquired a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 6,833 shares of the exchange traded fund’s stock, valued at approximately $669,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jones Financial Companies Lllp increased its stake in shares of SPDR S&P Homebuilders ETF by 24.0% during the first quarter. Jones Financial Companies Lllp now owns 6,638 shares of the exchange traded fund’s stock worth $643,000 after buying an additional 1,283 shares during the period. Focus Partners Wealth lifted its stake in SPDR S&P Homebuilders ETF by 190.6% in the first quarter. Focus Partners Wealth now owns 8,710 shares of the exchange traded fund’s stock worth $844,000 after acquiring an additional 5,713 shares during the last quarter. Raymond James Financial Inc. lifted its stake in SPDR S&P Homebuilders ETF by 116.3% in the second quarter. Raymond James Financial Inc. now owns 227,098 shares of the exchange traded fund’s stock worth $22,385,000 after acquiring an additional 122,089 shares during the last quarter. BTG Pactual Asset Management US LLC purchased a new position in SPDR S&P Homebuilders ETF in the second quarter worth approximately $106,000. Finally, Group One Trading LLC grew its holdings in SPDR S&P Homebuilders ETF by 239.4% during the 2nd quarter. Group One Trading LLC now owns 20,115 shares of the exchange traded fund’s stock worth $1,983,000 after acquiring an additional 14,188 shares in the last quarter.

SPDR S&P Homebuilders ETF Trading Down 0.2%

Shares of NYSEARCA:XHB opened at $104.52 on Friday. SPDR S&P Homebuilders ETF has a 52 week low of $93.57 and a 52 week high of $123.13. The company’s 50 day moving average is $107.75 and its two-hundred day moving average is $107.51. The company has a market cap of $1.63 billion, a PE ratio of 11.47 and a beta of 1.24.

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.