Accel Wealth Management Has $560,000 Stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Accel Wealth Management raised its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 81.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,357 shares of the exchange traded fund’s stock after acquiring an additional 2,400 shares during the period. Accel Wealth Management’s holdings in SPDR S&P Homebuilders ETF were worth $560,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in XHB. Bank of Montreal Can increased its position in SPDR S&P Homebuilders ETF by 1.8% during the 2nd quarter. Bank of Montreal Can now owns 247,332 shares of the exchange traded fund’s stock valued at $25,013,000 after purchasing an additional 4,447 shares during the period. Meitav Investment House Ltd. raised its stake in SPDR S&P Homebuilders ETF by 0.9% during the third quarter. Meitav Investment House Ltd. now owns 137,049 shares of the exchange traded fund’s stock worth $17,042,000 after buying an additional 1,156 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in SPDR S&P Homebuilders ETF by 143.9% in the third quarter. PNC Financial Services Group Inc. now owns 82,907 shares of the exchange traded fund’s stock valued at $10,327,000 after buying an additional 48,910 shares during the period. HMS Capital Management LLC grew its holdings in SPDR S&P Homebuilders ETF by 2.3% during the 3rd quarter. HMS Capital Management LLC now owns 66,483 shares of the exchange traded fund’s stock worth $8,281,000 after acquiring an additional 1,469 shares during the period. Finally, Kingsview Wealth Management LLC lifted its stake in shares of SPDR S&P Homebuilders ETF by 2,386.5% in the 3rd quarter. Kingsview Wealth Management LLC now owns 63,554 shares of the exchange traded fund’s stock valued at $7,916,000 after purchasing an additional 60,998 shares during the period.

SPDR S&P Homebuilders ETF Price Performance

NYSEARCA XHB opened at $111.17 on Friday. The stock has a market capitalization of $1.94 billion, a P/E ratio of 15.57 and a beta of 1.38. SPDR S&P Homebuilders ETF has a one year low of $93.44 and a one year high of $126.09. The business has a 50 day simple moving average of $112.02 and a 200 day simple moving average of $114.74.

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.