Gerald Baker Financial Group LLC Acquires New Shares in SPDR S&P Homebuilders ETF $XHB

Gerald Baker Financial Group LLC bought a new stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 17,116 shares of the exchange traded fund’s stock, valued at approximately $1,789,000.

A number of other institutional investors and hedge funds have also modified their holdings of XHB. Garrison Point Advisors LLC raised its stake in shares of SPDR S&P Homebuilders ETF by 1.5% in the fourth quarter. Garrison Point Advisors LLC now owns 9,955 shares of the exchange traded fund’s stock worth $1,025,000 after purchasing an additional 145 shares during the last quarter. Quantbot Technologies LP boosted its position in shares of SPDR S&P Homebuilders ETF by 66.4% during the third quarter. Quantbot Technologies LP now owns 426 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 170 shares during the last quarter. FLP Wealth Management LLC boosted its position in shares of SPDR S&P Homebuilders ETF by 7.4% during the first quarter. FLP Wealth Management LLC now owns 2,564 shares of the exchange traded fund’s stock valued at $253,000 after buying an additional 177 shares during the last quarter. Wealth Watch Advisors INC increased its holdings in SPDR S&P Homebuilders ETF by 33.5% in the 4th quarter. Wealth Watch Advisors INC now owns 737 shares of the exchange traded fund’s stock worth $76,000 after buying an additional 185 shares in the last quarter. Finally, Copia Wealth Management increased its holdings in SPDR S&P Homebuilders ETF by 79.2% in the 4th quarter. Copia Wealth Management now owns 430 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 190 shares in the last quarter.

SPDR S&P Homebuilders ETF Stock Performance

Shares of NYSEARCA:XHB opened at $110.80 on Friday. SPDR S&P Homebuilders ETF has a fifty-two week low of $93.57 and a fifty-two week high of $123.13. The business has a 50-day simple moving average of $106.13 and a two-hundred day simple moving average of $107.40. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 11.47 and a beta of 1.24.

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.