6,833 Shares in SPDR S&P Homebuilders ETF $XHB Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC purchased a new position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 6,833 shares of the exchange traded fund’s stock, valued at approximately $669,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Kestra Advisory Services LLC boosted its stake in shares of SPDR S&P Homebuilders ETF by 89.9% in the first quarter. Kestra Advisory Services LLC now owns 6,887 shares of the exchange traded fund’s stock valued at $680,000 after purchasing an additional 3,260 shares during the period. Montag A & Associates Inc. increased its stake in SPDR S&P Homebuilders ETF by 535.3% during the 1st quarter. Montag A & Associates Inc. now owns 5,743 shares of the exchange traded fund’s stock worth $567,000 after buying an additional 4,839 shares during the period. Integrated Advisors Network LLC increased its stake in SPDR S&P Homebuilders ETF by 15.7% during the 1st quarter. Integrated Advisors Network LLC now owns 8,944 shares of the exchange traded fund’s stock worth $883,000 after buying an additional 1,212 shares during the period. FLP Wealth Management LLC increased its stake in SPDR S&P Homebuilders ETF by 7.4% during the 1st quarter. FLP Wealth Management LLC now owns 2,564 shares of the exchange traded fund’s stock worth $253,000 after buying an additional 177 shares during the period. Finally, GM Advisory Group LLC lifted its holdings in SPDR S&P Homebuilders ETF by 110.8% during the 1st quarter. GM Advisory Group LLC now owns 5,547 shares of the exchange traded fund’s stock worth $548,000 after buying an additional 2,915 shares in the last quarter.

SPDR S&P Homebuilders ETF Stock Down 0.2%

Shares of XHB stock 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 stock has a market capitalization of $1.63 billion, a PE ratio of 11.47 and a beta of 1.24. The firm has a 50 day moving average of $107.75 and a two-hundred day moving average of $107.51.

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.