Tradewinds LLC. Grows Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Tradewinds LLC. raised its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 103.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,954 shares of the exchange traded fund’s stock after buying an additional 4,545 shares during the quarter. Tradewinds LLC. owned about 0.05% of SPDR S&P Homebuilders ETF worth $1,115,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Howe & Rusling Inc. acquired a new position in shares of SPDR S&P Homebuilders ETF in the third quarter valued at approximately $28,000. Family Firm Inc. acquired a new position in shares of SPDR S&P Homebuilders ETF in the second quarter worth $62,000. National Bank of Canada FI increased its position 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 worth $70,000 after acquiring an additional 500 shares during the period. ORG Partners LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF in the second quarter valued at $93,000. Finally, Northwest Investment Counselors LLC purchased a new position in SPDR S&P Homebuilders ETF in the third quarter valued at $98,000.

SPDR S&P Homebuilders ETF Stock Up 1.0 %

Shares of NYSEARCA:XHB opened at $116.55 on Thursday. SPDR S&P Homebuilders ETF has a fifty-two week low of $81.75 and a fifty-two week high of $126.07. The firm’s 50 day moving average price is $119.95 and its 200 day moving average price is $112.19. The stock has a market cap of $2.03 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38.

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.