Family Firm Inc. Takes Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Family Firm Inc. bought a new position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 615 shares of the exchange traded fund’s stock, valued at approximately $62,000.

Other institutional investors also recently bought and sold shares of the company. HMS Capital Management LLC boosted its holdings in SPDR S&P Homebuilders ETF by 3.7% during the second quarter. HMS Capital Management LLC now owns 65,014 shares of the exchange traded fund’s stock worth $6,572,000 after buying an additional 2,314 shares in the last quarter. AAFMAA Wealth Management & Trust LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF during the 2nd quarter worth about $428,000. Raymond James & Associates grew its position in shares of SPDR S&P Homebuilders ETF by 0.3% during the 2nd quarter. Raymond James & Associates now owns 32,549 shares of the exchange traded fund’s stock valued at $3,290,000 after acquiring an additional 106 shares during the period. TruNorth Capital Management LLC purchased a new position in shares of SPDR S&P Homebuilders ETF in the 2nd quarter valued at about $101,000. Finally, ORG Partners LLC acquired a new position in SPDR S&P Homebuilders ETF in the 2nd quarter worth about $93,000.

SPDR S&P Homebuilders ETF Trading Up 4.3 %

Shares of XHB stock opened at $119.22 on Friday. SPDR S&P Homebuilders ETF has a 12-month low of $69.32 and a 12-month high of $121.23. The business’s 50 day moving average is $108.01 and its two-hundred day moving average is $105.65. The company has a market capitalization of $2.08 billion, a P/E ratio of 15.57 and a beta of 1.38.

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.