Cadent Capital Advisors LLC Purchases New Holdings in SPDR S&P Homebuilders ETF $XHB
by Sarita Garza · The Markets DailyCadent Capital Advisors LLC acquired a new position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 5,892 shares of the exchange traded fund’s stock, valued at approximately $653,000.
Other large investors also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of SPDR S&P Homebuilders ETF in the second quarter worth $118,481,000. Ameriprise Financial Inc. lifted its stake in SPDR S&P Homebuilders ETF by 2.8% in the 1st quarter. Ameriprise Financial Inc. now owns 509,916 shares of the exchange traded fund’s stock worth $49,398,000 after acquiring an additional 13,874 shares in the last quarter. Mirae Asset Securities USA Inc. boosted its position in SPDR S&P Homebuilders ETF by 100.0% during the 2nd quarter. Mirae Asset Securities USA Inc. now owns 500,000 shares of the exchange traded fund’s stock worth $49,285,000 after acquiring an additional 250,000 shares during the period. Raymond James Financial Inc. boosted its position in SPDR S&P Homebuilders ETF by 116.3% during the 2nd 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 period. Finally, Meitav Investment House Ltd. grew its stake in SPDR S&P Homebuilders ETF by 0.3% during the 2nd quarter. Meitav Investment House Ltd. now owns 205,904 shares of the exchange traded fund’s stock valued at $20,296,000 after acquiring an additional 545 shares in the last quarter.
SPDR S&P Homebuilders ETF Price Performance
NYSEARCA XHB opened at $104.79 on Thursday. The company has a 50 day simple moving average of $106.04 and a 200-day simple moving average of $106.75. The firm has a market capitalization of $1.70 billion, a price-to-earnings ratio of 11.47 and a beta of 1.29. SPDR S&P Homebuilders ETF has a 52-week low of $84.48 and a 52-week high of $120.58.
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.
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