Financial Life Planners Makes New Investment in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Financial Life Planners acquired a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 433 shares of the exchange traded fund’s stock, valued at approximately $45,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Howe & Rusling Inc. bought a new stake in SPDR S&P Homebuilders ETF in the third quarter valued at $28,000. New Wave Wealth Advisors LLC bought a new stake in SPDR S&P Homebuilders ETF in the 4th quarter valued at about $52,000. St. Johns Investment Management Company LLC acquired a new position in SPDR S&P Homebuilders ETF during the 4th quarter worth approximately $65,000. Northwest Investment Counselors LLC bought a new position in SPDR S&P Homebuilders ETF in the third quarter worth approximately $98,000. Finally, ORG Wealth Partners LLC acquired a new stake in SPDR S&P Homebuilders ETF in the third quarter valued at approximately $117,000.

SPDR S&P Homebuilders ETF Stock Down 2.5 %

NYSEARCA XHB opened at $105.69 on Tuesday. SPDR S&P Homebuilders ETF has a 52 week low of $93.80 and a 52 week high of $126.09. The business has a 50 day moving average price of $110.94 and a 200-day moving average price of $114.91. The company has a market cap of $1.84 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38.

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.