HighTower Advisors LLC Acquires 585 Shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

HighTower Advisors LLC increased its position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 10.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,003 shares of the exchange traded fund’s stock after buying an additional 585 shares during the quarter. HighTower Advisors LLC’s holdings in SPDR S&P Homebuilders ETF were worth $627,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. D.A. Davidson & CO. acquired a new stake in SPDR S&P Homebuilders ETF in the third quarter valued at $1,284,000. Rockefeller Capital Management L.P. increased its stake in SPDR S&P Homebuilders ETF by 13.8% in the third quarter. Rockefeller Capital Management L.P. now owns 31,886 shares of the exchange traded fund’s stock valued at $3,972,000 after acquiring an additional 3,867 shares during the last quarter. Flow Traders U.S. LLC lifted its position in shares of SPDR S&P Homebuilders ETF by 263.0% during the 3rd quarter. Flow Traders U.S. LLC now owns 23,440 shares of the exchange traded fund’s stock worth $2,920,000 after buying an additional 16,982 shares during the last quarter. Benjamin Edwards Inc. bought a new stake in shares of SPDR S&P Homebuilders ETF during the 3rd quarter valued at approximately $769,000. Finally, IHT Wealth Management LLC boosted its holdings in shares of SPDR S&P Homebuilders ETF by 18.3% during the 3rd quarter. IHT Wealth Management LLC now owns 5,855 shares of the exchange traded fund’s stock valued at $729,000 after acquiring an additional 906 shares in the last quarter.

SPDR S&P Homebuilders ETF Stock Performance

Shares of NYSEARCA:XHB opened at $96.10 on Friday. The firm’s fifty day moving average is $103.55 and its 200-day moving average is $111.79. SPDR S&P Homebuilders ETF has a 52 week low of $95.18 and a 52 week high of $126.09. The firm has a market cap of $1.42 billion, a PE ratio of 12.18 and a beta of 1.51.

SPDR S&P Homebuilders ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were given a $0.313 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from SPDR S&P Homebuilders ETF’s previous dividend of $0.15.

SPDR S&P Homebuilders ETF Company Profile

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.