Integrated Advisors Network LLC Makes New Investment in SPDR S&P Homebuilders ETF $XHB

Integrated Advisors Network LLC bought a new position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 6,994 shares of the exchange traded fund’s stock, valued at approximately $672,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Capital Square LLC acquired a new position in shares of SPDR S&P Homebuilders ETF during the third quarter worth $696,000. TD Waterhouse Canada Inc. purchased a new position in SPDR S&P Homebuilders ETF in the third quarter valued at $228,000. Opal Wealth Advisors LLC purchased a new position in SPDR S&P Homebuilders ETF in the third quarter valued at $715,000. Banque Pictet & Cie SA acquired a new stake in SPDR S&P Homebuilders ETF in the third quarter valued at $829,000. Finally, Annex Advisory Services LLC acquired a new stake in SPDR S&P Homebuilders ETF in the third quarter valued at $59,766,000.

SPDR S&P Homebuilders ETF Stock Performance

NYSEARCA:XHB opened at $98.38 on Friday. The stock has a market cap of $1.41 billion, a P/E ratio of 11.47 and a beta of 1.25. SPDR S&P Homebuilders ETF has a 1 year low of $91.87 and a 1 year high of $123.13. The stock has a 50-day simple moving average of $99.29 and a 200-day simple moving average of $103.84.

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.