Perennial Investment Advisors LLC Acquires 1,117 Shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Perennial Investment Advisors LLC raised its holdings in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 21.7% during the fourth quarter, HoldingsChannel reports. The firm owned 6,275 shares of the exchange traded fund’s stock after purchasing an additional 1,117 shares during the period. Perennial Investment Advisors LLC’s holdings in SPDR S&P Homebuilders ETF were worth $656,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Financial Life Planners purchased a new stake in shares of SPDR S&P Homebuilders ETF during the 4th quarter worth $45,000. Larson Financial Group LLC lifted its position in shares of SPDR S&P Homebuilders ETF by 1,873.9% during the fourth quarter. Larson Financial Group LLC now owns 454 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 431 shares during the last quarter. New Wave Wealth Advisors LLC bought a new stake in shares of SPDR S&P Homebuilders ETF in the 4th quarter valued at about $52,000. St. Johns Investment Management Company LLC purchased a new position in shares of SPDR S&P Homebuilders ETF in the 4th quarter worth approximately $65,000. Finally, O Shaughnessy Asset Management LLC grew its position in shares of SPDR S&P Homebuilders ETF by 463.9% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 671 shares of the exchange traded fund’s stock worth $70,000 after buying an additional 552 shares during the last quarter.

SPDR S&P Homebuilders ETF Stock Up 1.1 %

NYSEARCA:XHB opened at $92.87 on Friday. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of 12.26 and a beta of 1.51. SPDR S&P Homebuilders ETF has a 52 week low of $89.06 and a 52 week high of $126.09. The firm has a 50 day moving average of $101.97 and a 200 day moving average of $110.99.

SPDR S&P Homebuilders ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were issued a dividend of $0.313 per share. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from SPDR S&P Homebuilders ETF’s previous dividend of $0.15.

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.