Childress Capital Advisors LLC Invests $1.56 Million in SPDR S&P Homebuilders ETF $XHB

Childress Capital Advisors LLC bought a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,095 shares of the exchange traded fund’s stock, valued at approximately $1,562,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. bought a new position in SPDR S&P Homebuilders ETF during the 2nd quarter worth approximately $118,481,000. Annex Advisory Services LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF during the third quarter worth $45,309,000. Mirae Asset Securities USA Inc. raised its stake in SPDR S&P Homebuilders ETF by 100.0% during the second quarter. Mirae Asset Securities USA Inc. now owns 500,000 shares of the exchange traded fund’s stock worth $49,285,000 after buying an additional 250,000 shares during the last quarter. Diversify Advisory Services LLC bought a new position in SPDR S&P Homebuilders ETF during the second quarter worth $13,578,000. Finally, Raymond James Financial Inc. lifted its holdings in SPDR S&P Homebuilders ETF by 116.3% in the second quarter. Raymond James Financial Inc. now owns 227,098 shares of the exchange traded fund’s stock valued at $22,385,000 after buying an additional 122,089 shares during the period.

SPDR S&P Homebuilders ETF Trading Up 0.6%

Shares of SPDR S&P Homebuilders ETF stock opened at $105.87 on Wednesday. The business has a 50-day moving average price of $105.31 and a two-hundred day moving average price of $107.42. SPDR S&P Homebuilders ETF has a 1-year low of $84.48 and a 1-year high of $120.58. The company has a market cap of $1.67 billion, a P/E ratio of 11.47 and a beta of 1.29.

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.