Opal Wealth Advisors LLC Makes New Investment in SPDR S&P Homebuilders ETF $XHB

Opal Wealth Advisors LLC purchased a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 7,441 shares of the exchange traded fund’s stock, valued at approximately $715,000.

A number of other large investors have also made changes to their positions in the company. Annex Advisory Services LLC acquired a new stake in SPDR S&P Homebuilders ETF during the 3rd quarter worth $59,766,000. Greenland Capital Management LP bought a new stake in shares of SPDR S&P Homebuilders ETF in the second quarter worth about $17,334,000. Congress Asset Management Co. bought a new stake in shares of SPDR S&P Homebuilders ETF in the third quarter worth about $104,000. Passaic Partners LLC raised its position in shares of SPDR S&P Homebuilders ETF by 89.6% during the second quarter. Passaic Partners LLC now owns 166,897 shares of the exchange traded fund’s stock worth $19,287,000 after purchasing an additional 78,852 shares during the period. Finally, Tidal Investments LLC raised its position in shares of SPDR S&P Homebuilders ETF by 2,114.4% during the second quarter. Tidal Investments LLC now owns 64,461 shares of the exchange traded fund’s stock worth $7,449,000 after purchasing an additional 61,550 shares during the period.

SPDR S&P Homebuilders ETF Trading Down 0.9%

Shares of NYSEARCA:XHB traded down $0.84 during trading on Friday, hitting $94.91. 4,378,173 shares of the company’s stock traded hands, compared to its average volume of 2,378,587. The company has a 50-day moving average price of $100.52 and a 200-day moving average price of $103.88. SPDR S&P Homebuilders ETF has a 52 week low of $91.87 and a 52 week high of $123.13. The company has a market cap of $1.55 billion, a price-to-earnings ratio of 11.47 and a beta of 1.25.

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.