Northstar Financial Companies Inc. Makes New Investment in SPDR S&P Homebuilders ETF $XHB

Northstar Financial Companies Inc. bought a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 5,808 shares of the exchange traded fund’s stock, valued at approximately $573,000.

A number of other institutional investors have also modified their holdings of XHB. Goldman Sachs Group Inc. raised its stake in shares of SPDR S&P Homebuilders ETF by 0.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,358,013 shares of the exchange traded fund’s stock worth $242,781,000 after purchasing an additional 12,654 shares during the last quarter. Moore Capital Management LP purchased a new position in SPDR S&P Homebuilders ETF in the 3rd quarter valued at $49,513,000. Passaic Partners LLC grew its position in SPDR S&P Homebuilders ETF by 74.4% in the 4th quarter. Passaic Partners LLC now owns 288,379 shares of the exchange traded fund’s stock valued at $29,692,000 after buying an additional 123,065 shares during the last quarter. CoreCap Advisors LLC increased its stake in SPDR S&P Homebuilders ETF by 96.2% in the 4th quarter. CoreCap Advisors LLC now owns 239,832 shares of the exchange traded fund’s stock valued at $24,693,000 after buying an additional 117,580 shares during the period. Finally, Raymond James Financial Inc. increased its stake in SPDR S&P Homebuilders ETF by 5.2% in the 3rd quarter. Raymond James Financial Inc. now owns 238,919 shares of the exchange traded fund’s stock valued at $26,472,000 after buying an additional 11,821 shares during the period.

SPDR S&P Homebuilders ETF Stock Performance

Shares of SPDR S&P Homebuilders ETF stock opened at $108.16 on Wednesday. SPDR S&P Homebuilders ETF has a one year low of $93.57 and a one year high of $123.13. The company has a market cap of $1.93 billion, a P/E ratio of 11.47 and a beta of 1.24. The firm has a fifty day moving average of $105.90 and a two-hundred day moving average of $107.33.

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.