CoreCap Advisors LLC Raises Stake in SPDR S&P Homebuilders ETF $XHB

CoreCap Advisors LLC grew its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 42,055.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 122,252 shares of the exchange traded fund’s stock after acquiring an additional 121,962 shares during the quarter. CoreCap Advisors LLC owned about 0.73% of SPDR S&P Homebuilders ETF worth $13,546,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Assetmark Inc. grew its holdings in shares of SPDR S&P Homebuilders ETF by 424.0% in the second quarter. Assetmark Inc. now owns 262 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 212 shares during the period. Allspring Global Investments Holdings LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF in the 3rd quarter valued at approximately $33,000. Private Wealth Asset Management LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF during the 2nd quarter worth approximately $39,000. Berkshire Money Management Inc. purchased a new stake in shares of SPDR S&P Homebuilders ETF during the 2nd quarter valued at approximately $49,000. Finally, Private Trust Co. NA raised its position in shares of SPDR S&P Homebuilders ETF by 128.0% during the 2nd quarter. Private Trust Co. NA now owns 734 shares of the exchange traded fund’s stock valued at $72,000 after buying an additional 412 shares during the period.

SPDR S&P Homebuilders ETF Stock Performance

Shares of SPDR S&P Homebuilders ETF stock opened at $105.87 on Wednesday. The firm has a market capitalization of $1.67 billion, a price-to-earnings ratio of 11.47 and a beta of 1.29. SPDR S&P Homebuilders ETF has a fifty-two week low of $84.48 and a fifty-two week high of $120.58. The stock has a 50 day moving average of $105.31 and a 200 day moving average of $107.42.

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.