Northstar Financial Companies Inc. Makes New Investment in SPDR S&P Homebuilders ETF $XHB

Northstar Financial Companies Inc. bought a new position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the first quarter, HoldingsChannel reports. The firm bought 5,808 shares of the exchange traded fund’s stock, valued at approximately $573,000.

Other hedge funds have also modified their holdings of the company. Elevated Capital Advisors LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF in the fourth quarter valued at approximately $28,000. Strive Financial Group LLC purchased a new position in SPDR S&P Homebuilders ETF in the fourth quarter worth $31,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in SPDR S&P Homebuilders ETF in the fourth quarter worth $32,000. Evolution Wealth Management Inc. acquired a new stake in SPDR S&P Homebuilders ETF in the first quarter valued at $37,000. Finally, Quantbot Technologies LP lifted its holdings in SPDR S&P Homebuilders ETF by 66.4% in the third quarter. Quantbot Technologies LP now owns 426 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 170 shares during the period.

SPDR S&P Homebuilders ETF Stock Performance

Shares of NYSEARCA XHB opened at $108.16 on Wednesday. The firm has a market capitalization of $1.93 billion, a P/E ratio of 11.47 and a beta of 1.24. SPDR S&P Homebuilders ETF has a one year low of $93.57 and a one year high of $123.13. The company’s fifty day moving average is $105.90 and its two-hundred day moving average is $107.33.

SPDR S&P Homebuilders ETF Company 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.