Schonfeld Strategic Advisors LLC Increases Holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Schonfeld Strategic Advisors LLC boosted its stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 445.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,173 shares of the exchange traded fund’s stock after acquiring an additional 11,573 shares during the quarter. Schonfeld Strategic Advisors LLC owned about 0.08% of SPDR S&P Homebuilders ETF worth $1,481,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. increased its position in shares of SPDR S&P Homebuilders ETF by 50.0% during the fourth quarter. Concourse Financial Group Securities Inc. now owns 300 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 100 shares during the period. Financial Life Planners purchased a new position in shares of SPDR S&P Homebuilders ETF in the 4th quarter valued at $45,000. Larson Financial Group LLC raised its position in shares of SPDR S&P Homebuilders ETF by 1,873.9% in the 4th quarter. Larson Financial Group LLC now owns 454 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 431 shares in the last quarter. New Wave Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF during the 4th quarter worth $52,000. Finally, St. Johns Investment Management Company LLC purchased a new position in SPDR S&P Homebuilders ETF in the fourth quarter valued at about $65,000.

SPDR S&P Homebuilders ETF Stock Down 1.7 %

Shares of XHB opened at $94.94 on Wednesday. The company has a 50 day moving average of $95.40 and a two-hundred day moving average of $105.94. SPDR S&P Homebuilders ETF has a twelve month low of $84.48 and a twelve month high of $126.09. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 11.50 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.