Means Investment CO. Inc. Makes New Investment in SPDR S&P Homebuilders ETF $XHB

Means Investment CO. Inc. purchased a new stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 7,001 shares of the exchange traded fund’s stock, valued at approximately $672,000.

Several other large investors have also made changes to their positions in the business. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD boosted its stake in shares of SPDR S&P Homebuilders ETF by 47.7% in the second quarter. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD now owns 56,316 shares of the exchange traded fund’s stock worth $6,508,000 after acquiring an additional 18,178 shares during the period. Greenland Capital Management LP bought a new stake in SPDR S&P Homebuilders ETF during the 2nd quarter valued at approximately $17,334,000. Annex Advisory Services LLC bought a new stake in SPDR S&P Homebuilders ETF during the 3rd quarter valued at approximately $59,766,000. Gerald Baker Financial Group LLC purchased a new position in SPDR S&P Homebuilders ETF in the 1st quarter worth approximately $1,789,000. Finally, Seamount Financial Group Inc. purchased a new position in SPDR S&P Homebuilders ETF in the 3rd quarter worth approximately $909,000.

SPDR S&P Homebuilders ETF Price Performance

XHB stock opened at $102.29 on Monday. SPDR S&P Homebuilders ETF has a 1-year low of $91.87 and a 1-year high of $123.13. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 11.47 and a beta of 1.23. The business has a 50 day simple moving average of $98.42 and a two-hundred day simple moving average of $104.99.

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.