Providence First Trust Co Acquires 6,874 Shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Providence First Trust Co raised its stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 122.2% in the 4th quarter, Holdings Channel reports. The firm owned 12,497 shares of the exchange traded fund’s stock after purchasing an additional 6,874 shares during the quarter. Providence First Trust Co’s holdings in SPDR S&P Homebuilders ETF were worth $1,306,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of XHB. Howe & Rusling Inc. acquired a new stake in shares of SPDR S&P Homebuilders ETF in the third quarter valued at about $28,000. Financial Life Planners bought a new stake in SPDR S&P Homebuilders ETF in the fourth quarter valued at approximately $45,000. New Wave Wealth Advisors LLC acquired a new stake in SPDR S&P Homebuilders ETF during the 4th quarter valued at approximately $52,000. St. Johns Investment Management Company LLC bought a new position in SPDR S&P Homebuilders ETF during the 4th quarter worth approximately $65,000. Finally, EP Wealth Advisors LLC acquired a new position in shares of SPDR S&P Homebuilders ETF in the 3rd quarter worth approximately $120,000.

SPDR S&P Homebuilders ETF Stock Performance

NYSEARCA:XHB opened at $101.39 on Friday. SPDR S&P Homebuilders ETF has a 52 week low of $97.40 and a 52 week high of $126.09. The firm’s fifty day moving average is $106.33 and its 200-day moving average is $113.91. The firm has a market cap of $1.63 billion, a P/E ratio of 12.86 and a beta of 1.48.

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.