40,000 Shares in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Purchased by Vestcor Inc

Vestcor Inc acquired a new position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 40,000 shares of the exchange traded fund’s stock, valued at approximately $3,876,000. Vestcor Inc owned 0.25% of SPDR S&P Homebuilders ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mackenzie Financial Corp grew its position in SPDR S&P Homebuilders ETF by 8.9% in the 1st quarter. Mackenzie Financial Corp now owns 2,820 shares of the exchange traded fund’s stock worth $273,000 after purchasing an additional 230 shares during the last quarter. Phoenix Financial Ltd. grew its position in SPDR S&P Homebuilders ETF by 8.4% in the 1st quarter. Phoenix Financial Ltd. now owns 46,332 shares of the exchange traded fund’s stock worth $4,489,000 after purchasing an additional 3,600 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in SPDR S&P Homebuilders ETF in the 1st quarter worth about $669,000. Guidance Capital Inc. grew its position in SPDR S&P Homebuilders ETF by 65.6% in the 1st quarter. Guidance Capital Inc. now owns 10,018 shares of the exchange traded fund’s stock worth $974,000 after purchasing an additional 3,967 shares during the last quarter. Finally, Arrow Financial Corp grew its position in SPDR S&P Homebuilders ETF by 4.2% in the 1st quarter. Arrow Financial Corp now owns 79,376 shares of the exchange traded fund’s stock worth $7,691,000 after purchasing an additional 3,203 shares during the last quarter.

SPDR S&P Homebuilders ETF Trading Down 2.4%

NYSEARCA XHB opened at $102.92 on Thursday. SPDR S&P Homebuilders ETF has a 52 week low of $84.48 and a 52 week high of $126.09. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 11.47 and a beta of 1.32. The company has a 50-day moving average price of $99.06 and a two-hundred day moving average price of $99.65.

SPDR S&P Homebuilders ETF 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.