Waterloo Capital L.P. Purchases Shares of 45,623 SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Waterloo Capital L.P. purchased a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 2nd quarter, HoldingsChannel reports. The firm purchased 45,623 shares of the exchange traded fund’s stock, valued at approximately $4,612,000.

A number of other institutional investors have also made changes to their positions in the business. Advisory Services Network LLC grew its holdings in SPDR S&P Homebuilders ETF by 20.6% in the 4th quarter. Advisory Services Network LLC now owns 17,973 shares of the exchange traded fund’s stock valued at $1,719,000 after buying an additional 3,065 shares during the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of SPDR S&P Homebuilders ETF by 1,008.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,586 shares of the exchange traded fund’s stock worth $534,000 after acquiring an additional 5,082 shares during the last quarter. Belpointe Asset Management LLC increased its position in SPDR S&P Homebuilders ETF by 51.2% during the fourth quarter. Belpointe Asset Management LLC now owns 24,725 shares of the exchange traded fund’s stock worth $2,365,000 after acquiring an additional 8,371 shares during the period. 360 Financial Inc. acquired a new position in SPDR S&P Homebuilders ETF during the 4th quarter valued at $7,132,000. Finally, Cetera Advisor Networks LLC boosted its holdings in SPDR S&P Homebuilders ETF by 62.7% in the 4th quarter. Cetera Advisor Networks LLC now owns 47,571 shares of the exchange traded fund’s stock valued at $4,551,000 after purchasing an additional 18,337 shares during the period.

SPDR S&P Homebuilders ETF Price Performance

NYSEARCA XHB opened at $121.87 on Wednesday. The company’s fifty day moving average is $113.02 and its two-hundred day moving average is $107.57. SPDR S&P Homebuilders ETF has a 52-week low of $69.32 and a 52-week high of $122.37. The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38.

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.