Clarity Capital Partners LLC Acquires New Stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Clarity Capital Partners LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 3,393 shares of the exchange traded fund’s stock, valued at approximately $423,000.

Several other hedge funds have also added to or reduced their stakes in XHB. Family Firm Inc. bought a new stake in shares of SPDR S&P Homebuilders ETF in the 2nd quarter worth $62,000. National Bank of Canada FI raised its holdings in shares of SPDR S&P Homebuilders ETF by 238.1% during the second quarter. National Bank of Canada FI now owns 710 shares of the exchange traded fund’s stock valued at $70,000 after purchasing an additional 500 shares during the last quarter. ORG Partners LLC purchased a new stake in SPDR S&P Homebuilders ETF in the second quarter worth approximately $93,000. Northwest Investment Counselors LLC bought a new stake in SPDR S&P Homebuilders ETF in the 3rd quarter worth approximately $98,000. Finally, TruNorth Capital Management LLC purchased a new stake in SPDR S&P Homebuilders ETF during the 2nd quarter valued at $101,000.

SPDR S&P Homebuilders ETF Stock Up 1.1 %

SPDR S&P Homebuilders ETF stock opened at $115.83 on Tuesday. The business has a 50-day simple moving average of $119.32 and a two-hundred day simple moving average of $111.05. The company has a market cap of $2.02 billion, a P/E ratio of 15.57 and a beta of 1.38. SPDR S&P Homebuilders ETF has a 52-week low of $75.75 and a 52-week high of $126.07.

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.