Ellis Investment Partners LLC Acquires 10,386 Shares of SPDR S&P Homebuilders ETF $XHB

Ellis Investment Partners LLC grew its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 31.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 43,604 shares of the exchange traded fund’s stock after purchasing an additional 10,386 shares during the period. SPDR S&P Homebuilders ETF makes up approximately 0.9% of Ellis Investment Partners LLC’s holdings, making the stock its 25th largest holding. Ellis Investment Partners LLC owned approximately 0.26% of SPDR S&P Homebuilders ETF worth $4,831,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. HB Wealth Management LLC boosted its stake in SPDR S&P Homebuilders ETF by 5.9% in the 2nd quarter. HB Wealth Management LLC now owns 3,600 shares of the exchange traded fund’s stock valued at $355,000 after buying an additional 200 shares in the last quarter. Assetmark Inc. boosted its stake in shares of SPDR S&P Homebuilders ETF by 424.0% in the 2nd quarter. Assetmark Inc. now owns 262 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 212 shares in the last quarter. Sigma Planning Corp boosted its stake in shares of SPDR S&P Homebuilders ETF by 3.2% in the 2nd quarter. Sigma Planning Corp now owns 8,128 shares of the exchange traded fund’s stock valued at $801,000 after purchasing an additional 252 shares in the last quarter. AlphaCore Capital LLC grew its holdings in shares of SPDR S&P Homebuilders ETF by 50.7% in the 2nd quarter. AlphaCore Capital LLC now owns 803 shares of the exchange traded fund’s stock worth $79,000 after purchasing an additional 270 shares during the last quarter. Finally, Institute for Wealth Management LLC. grew its holdings in shares of SPDR S&P Homebuilders ETF by 1.4% in the 2nd quarter. Institute for Wealth Management LLC. now owns 19,444 shares of the exchange traded fund’s stock worth $1,917,000 after purchasing an additional 277 shares during the last quarter.

SPDR S&P Homebuilders ETF Stock Up 1.5%

Shares of SPDR S&P Homebuilders ETF stock opened at $104.55 on Monday. SPDR S&P Homebuilders ETF has a 12-month low of $84.48 and a 12-month high of $120.58. The stock has a market capitalization of $1.65 billion, a P/E ratio of 11.47 and a beta of 1.29. The company has a 50-day simple moving average of $105.43 and a 200 day simple moving average of $107.26.

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.