6,600 Shares in SPDR S&P Homebuilders ETF $XHB Purchased by WMG Financial Advisors LLC

WMG Financial Advisors LLC acquired a new position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,600 shares of the exchange traded fund’s stock, valued at approximately $680,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Register Financial Advisors LLC raised its position in SPDR S&P Homebuilders ETF by 6.9% in the 3rd quarter. Register Financial Advisors LLC now owns 1,547 shares of the exchange traded fund’s stock worth $171,000 after purchasing an additional 100 shares during the period. Clearstead Advisors LLC grew its stake in SPDR S&P Homebuilders ETF by 5.5% in the 3rd quarter. Clearstead Advisors LLC now owns 1,968 shares of the exchange traded fund’s stock worth $218,000 after acquiring an additional 103 shares in the last quarter. Smith Moore & CO. grew its stake in SPDR S&P Homebuilders ETF by 2.0% in the 3rd quarter. Smith Moore & CO. now owns 6,072 shares of the exchange traded fund’s stock worth $673,000 after acquiring an additional 119 shares in the last quarter. Capital Square LLC grew its stake in SPDR S&P Homebuilders ETF by 1.5% in the 3rd quarter. Capital Square LLC now owns 8,722 shares of the exchange traded fund’s stock worth $966,000 after acquiring an additional 129 shares in the last quarter. Finally, Quantbot Technologies LP grew its stake in SPDR S&P Homebuilders ETF by 66.4% in the 3rd quarter. Quantbot Technologies LP now owns 426 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 170 shares in the last quarter.

SPDR S&P Homebuilders ETF Price Performance

Shares of XHB stock opened at $108.80 on Wednesday. The company has a market capitalization of $1.55 billion, a P/E ratio of 11.47 and a beta of 1.35. The company’s 50-day simple moving average is $106.63 and its two-hundred day simple moving average is $107.37. SPDR S&P Homebuilders ETF has a one year low of $89.77 and a one year high of $123.13.

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.