Ellis Investment Partners LLC Acquires 2,537 Shares of SPDR S&P Homebuilders ETF $XHB

Ellis Investment Partners LLC lifted its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 8.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,218 shares of the exchange traded fund’s stock after buying an additional 2,537 shares during the period. Ellis Investment Partners LLC owned approximately 0.24% of SPDR S&P Homebuilders ETF worth $3,274,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. CWM LLC raised its holdings in SPDR S&P Homebuilders ETF by 25.2% in the 2nd quarter. CWM LLC now owns 32,155 shares of the exchange traded fund’s stock valued at $3,170,000 after acquiring an additional 6,476 shares in the last quarter. Blair William & Co. IL increased its position in shares of SPDR S&P Homebuilders ETF by 42.5% in the second quarter. Blair William & Co. IL now owns 1,089 shares of the exchange traded fund’s stock worth $107,000 after purchasing an additional 325 shares during the period. Vontobel Holding Ltd. acquired a new position in SPDR S&P Homebuilders ETF in the second quarter valued at about $208,000. Meitav Investment House Ltd. lifted its position in SPDR S&P Homebuilders ETF by 0.3% during the second quarter. Meitav Investment House Ltd. now owns 205,904 shares of the exchange traded fund’s stock worth $20,296,000 after purchasing an additional 545 shares during the period. Finally, Berkshire Money Management Inc. acquired a new stake in SPDR S&P Homebuilders ETF during the second quarter worth about $49,000.

SPDR S&P Homebuilders ETF Stock Down 1.6%

XHB stock opened at $103.72 on Monday. The company’s 50-day moving average price is $112.35 and its two-hundred day moving average price is $102.47. The firm has a market cap of $1.65 billion, a P/E ratio of 11.47 and a beta of 1.32. SPDR S&P Homebuilders ETF has a 12 month low of $84.48 and a 12 month high of $126.09.

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.