J.W. Cole Advisors Inc. Makes New $332,000 Investment in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

J.W. Cole Advisors Inc. purchased a new position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the fourth quarter, Holdings Channel reports. The fund purchased 3,466 shares of the exchange traded fund’s stock, valued at approximately $332,000.

A number of other large investors have also bought and sold shares of the stock. Institute for Wealth Management LLC. increased its stake in SPDR S&P Homebuilders ETF by 1.6% in the 4th quarter. Institute for Wealth Management LLC. now owns 17,723 shares of the exchange traded fund’s stock worth $1,695,000 after purchasing an additional 275 shares during the period. Western Wealth Management LLC purchased a new position in SPDR S&P Homebuilders ETF in the 4th quarter worth approximately $201,000. Scissortail Wealth Management LLC purchased a new position in SPDR S&P Homebuilders ETF in the 4th quarter worth approximately $234,000. Keel Point LLC purchased a new position in SPDR S&P Homebuilders ETF in the 4th quarter worth approximately $291,000. Finally, S. R. Schill & Associates purchased a new position in shares of SPDR S&P Homebuilders ETF during the fourth quarter valued at approximately $1,735,000.

SPDR S&P Homebuilders ETF Stock Performance

XHB opened at $102.63 on Thursday. SPDR S&P Homebuilders ETF has a 52-week low of $67.46 and a 52-week high of $111.96. The stock has a market capitalization of $1.78 billion, a PE ratio of 15.54 and a beta of 1.38. The stock’s 50 day moving average price is $104.70 and its 200-day moving average price is $93.00.

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.