Barclays PLC Buys 787,454 Shares of SPDR S&P Homebuilders ETF $XHB

Barclays PLC lifted its stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 933.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 871,789 shares of the exchange traded fund’s stock after purchasing an additional 787,454 shares during the period. Barclays PLC owned approximately 5.38% of SPDR S&P Homebuilders ETF worth $96,594,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Founders Financial Alliance LLC bought a new position in SPDR S&P Homebuilders ETF in the 3rd quarter valued at $27,000. Assetmark Inc. lifted its stake in shares of SPDR S&P Homebuilders ETF by 424.0% during the second quarter. Assetmark Inc. now owns 262 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 212 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of SPDR S&P Homebuilders ETF during the third quarter valued at $33,000. Bangor Savings Bank bought a new position in SPDR S&P Homebuilders ETF in the third quarter valued at about $44,000. Finally, Quantbot Technologies LP boosted its holdings in SPDR S&P Homebuilders ETF by 66.4% in the third quarter. Quantbot Technologies LP now owns 426 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 170 shares during the last quarter.

SPDR S&P Homebuilders ETF Stock Down 2.5%

Shares of XHB stock opened at $105.55 on Monday. The firm has a market cap of $1.65 billion, a price-to-earnings ratio of 11.47 and a beta of 1.29. SPDR S&P Homebuilders ETF has a 12 month low of $84.48 and a 12 month high of $123.13. The stock has a 50-day moving average price of $112.74 and a 200 day moving average price of $110.20.

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.