SPDR S&P Homebuilders ETF $XHB Shares Bought by Montag A & Associates Inc.

Montag A & Associates Inc. lifted its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 535.3% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 5,743 shares of the exchange traded fund’s stock after buying an additional 4,839 shares during the quarter. Montag A & Associates Inc.’s holdings in SPDR S&P Homebuilders ETF were worth $567,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Elevated Capital Advisors LLC bought a new stake in shares of SPDR S&P Homebuilders ETF during the 4th quarter valued at about $28,000. Strive Financial Group LLC bought a new position in SPDR S&P Homebuilders ETF in the fourth quarter worth about $31,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in SPDR S&P Homebuilders ETF in the fourth quarter worth about $32,000. Evolution Wealth Management Inc. acquired a new position in SPDR S&P Homebuilders ETF in the first quarter valued at approximately $37,000. Finally, Quantbot Technologies LP boosted its stake in SPDR S&P Homebuilders ETF by 66.4% in the third quarter. Quantbot Technologies LP now owns 426 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 170 shares during the period.

SPDR S&P Homebuilders ETF Trading Down 3.1%

NYSEARCA:XHB opened at $106.04 on Thursday. The firm has a market capitalization of $1.87 billion, a PE ratio of 11.47 and a beta of 1.24. The stock has a 50 day moving average of $105.67 and a 200-day moving average of $107.24. SPDR S&P Homebuilders ETF has a 52 week low of $93.57 and a 52 week high of $123.13.

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.