Pinnacle Financial Partners Inc Acquires 103 Shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Pinnacle Financial Partners Inc boosted its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 1.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,311 shares of the exchange traded fund’s stock after acquiring an additional 103 shares during the quarter. Pinnacle Financial Partners Inc owned 0.06% of SPDR S&P Homebuilders ETF worth $1,078,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Meitav Investment House Ltd. lifted its holdings in shares of SPDR S&P Homebuilders ETF by 54.9% during the 4th quarter. Meitav Investment House Ltd. now owns 212,293 shares of the exchange traded fund’s stock valued at $22,185,000 after buying an additional 75,244 shares during the period. Private Advisor Group LLC increased its stake in shares of SPDR S&P Homebuilders ETF by 7.5% in the 4th quarter. Private Advisor Group LLC now owns 66,808 shares of the exchange traded fund’s stock worth $6,982,000 after purchasing an additional 4,664 shares in the last quarter. Principal Financial Group Inc. purchased a new stake in SPDR S&P Homebuilders ETF in the 4th quarter worth $3,030,000. Allworth Financial LP increased its stake in SPDR S&P Homebuilders ETF by 13.8% in the 4th quarter. Allworth Financial LP now owns 1,158 shares of the exchange traded fund’s stock worth $129,000 after buying an additional 140 shares in the last quarter. Finally, Bogart Wealth LLC increased its stake in SPDR S&P Homebuilders ETF by 4.5% in the 4th quarter. Bogart Wealth LLC now owns 24,092 shares of the exchange traded fund’s stock worth $2,518,000 after buying an additional 1,033 shares in the last quarter.

SPDR S&P Homebuilders ETF Stock Down 2.8 %

Shares of SPDR S&P Homebuilders ETF stock opened at $101.11 on Monday. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38. The business has a 50-day moving average price of $106.92 and a 200-day moving average price of $114.17. SPDR S&P Homebuilders ETF has a twelve month low of $97.40 and a twelve month high of $126.09.

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.