Toth Financial Advisory Corp Makes New $3.12 Million Investment in SPDR S&P Homebuilders ETF $XHB

Toth Financial Advisory Corp purchased a new position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 32,446 shares of the exchange traded fund’s stock, valued at approximately $3,116,000. Toth Financial Advisory Corp owned 0.21% of SPDR S&P Homebuilders ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Eastern Bank purchased a new position in shares of SPDR S&P Homebuilders ETF during the second quarter worth approximately $35,000. Evolution Wealth Management Inc. purchased a new stake in shares of SPDR S&P Homebuilders ETF in the first quarter valued at approximately $37,000. Bangor Savings Bank bought a new position in SPDR S&P Homebuilders ETF in the third quarter worth approximately $38,000. Financial Life Planners bought a new position in SPDR S&P Homebuilders ETF in the first quarter worth approximately $43,000. Finally, Western Wealth Management LLC purchased a new position in SPDR S&P Homebuilders ETF during the 1st quarter worth $75,000.

SPDR S&P Homebuilders ETF Stock Performance

NYSEARCA XHB traded down $0.12 on Thursday, reaching $94.77. 606,704 shares of the stock traded hands, compared to its average volume of 2,371,804. SPDR S&P Homebuilders ETF has a 12 month low of $93.57 and a 12 month high of $123.13. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 11.47 and a beta of 1.25. The company has a fifty day moving average price of $102.37 and a 200-day moving average price of $104.10.

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.