Inspire Advisors LLC Grows Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Inspire Advisors LLC grew its stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 14.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,243 shares of the exchange traded fund’s stock after purchasing an additional 2,535 shares during the quarter. Inspire Advisors LLC owned approximately 0.12% of SPDR S&P Homebuilders ETF worth $2,115,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Howe & Rusling Inc. purchased a new stake in shares of SPDR S&P Homebuilders ETF during the third quarter valued at approximately $28,000. Financial Life Planners purchased a new stake in shares of SPDR S&P Homebuilders ETF during the fourth quarter valued at approximately $45,000. Larson Financial Group LLC boosted its stake in shares of SPDR S&P Homebuilders ETF by 1,873.9% during the fourth quarter. Larson Financial Group LLC now owns 454 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 431 shares during the period. New Wave Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF during the fourth quarter valued at approximately $52,000. Finally, St. Johns Investment Management Company LLC purchased a new stake in SPDR S&P Homebuilders ETF in the fourth quarter worth $65,000.

SPDR S&P Homebuilders ETF Stock Down 0.6 %

Shares of XHB stock opened at $101.23 on Tuesday. The stock has a fifty day moving average of $105.67 and a 200 day moving average of $113.52. SPDR S&P Homebuilders ETF has a 52 week low of $96.51 and a 52 week high of $126.09. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 12.86 and a beta of 1.48.

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.