Jefferies Financial Group Inc. Invests $407,000 in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Jefferies Financial Group Inc. bought a new position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 3,896 shares of the exchange traded fund’s stock, valued at approximately $407,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Concourse Financial Group Securities Inc. boosted its holdings in SPDR S&P Homebuilders ETF by 50.0% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 300 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 100 shares during the period. Pinnacle Financial Partners Inc boosted its holdings in SPDR S&P Homebuilders ETF by 1.0% during the 4th quarter. Pinnacle Financial Partners Inc now owns 10,311 shares of the exchange traded fund’s stock valued at $1,078,000 after acquiring an additional 103 shares during the period. Allworth Financial LP boosted its holdings in SPDR S&P Homebuilders ETF by 13.8% during the 4th quarter. Allworth Financial LP now owns 1,158 shares of the exchange traded fund’s stock valued at $129,000 after acquiring an additional 140 shares during the period. Clarity Capital Partners LLC boosted its holdings in SPDR S&P Homebuilders ETF by 7.7% during the 4th quarter. Clarity Capital Partners LLC now owns 3,654 shares of the exchange traded fund’s stock valued at $382,000 after acquiring an additional 261 shares during the period. Finally, Advisory Services Network LLC boosted its holdings in SPDR S&P Homebuilders ETF by 2.3% during the 4th quarter. Advisory Services Network LLC now owns 14,682 shares of the exchange traded fund’s stock valued at $1,534,000 after acquiring an additional 335 shares during the period.

SPDR S&P Homebuilders ETF Stock Up 1.7%

XHB opened at $100.89 on Friday. The business has a fifty day moving average of $95.13 and a 200 day moving average of $104.96. SPDR S&P Homebuilders ETF has a 52-week low of $84.48 and a 52-week high of $126.09. The stock has a market cap of $1.34 billion, a P/E ratio of 12.26 and a beta of 1.35.

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.