Hilltop Holdings Inc. Acquires Shares of 17,669 SPDR S&P Homebuilders ETF $XHB

Hilltop Holdings Inc. bought a new position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 17,669 shares of the exchange traded fund’s stock, valued at approximately $1,744,000. Hilltop Holdings Inc. owned approximately 0.12% of SPDR S&P Homebuilders ETF at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of XHB. Bank of Nova Scotia bought a new stake in shares of SPDR S&P Homebuilders ETF during the first quarter valued at approximately $285,000. Group One Trading LLC bought a new position in SPDR S&P Homebuilders ETF in the first quarter worth approximately $3,606,000. Pacific Sun Financial Corp grew its stake in SPDR S&P Homebuilders ETF by 44.2% in the first quarter. Pacific Sun Financial Corp now owns 2,869 shares of the exchange traded fund’s stock worth $283,000 after purchasing an additional 880 shares in the last quarter. Gerald Baker Financial Group LLC purchased a new position in SPDR S&P Homebuilders ETF during the 1st quarter worth $1,789,000. Finally, Independent Financial Group LLC purchased a new position in SPDR S&P Homebuilders ETF during the 1st quarter worth $250,000.

SPDR S&P Homebuilders ETF Stock Up 1.6%

Shares of NYSEARCA XHB opened at $108.44 on Friday. The business has a fifty day simple moving average of $106.99 and a two-hundred day simple moving average of $107.51. The firm has a market cap of $1.71 billion, a PE ratio of 11.47 and a beta of 1.24. SPDR S&P Homebuilders ETF has a twelve month low of $93.57 and a twelve month high of $123.13.

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.