Legacy Capital Group California Inc. Purchases Shares of 6,863 SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Legacy Capital Group California Inc. bought a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,863 shares of the exchange traded fund’s stock, valued at approximately $551,000.

Other hedge funds also recently modified their holdings of the company. Barclays PLC grew its stake in shares of SPDR S&P Homebuilders ETF by 150.6% in the 1st quarter. Barclays PLC now owns 1,550,286 shares of the exchange traded fund’s stock worth $105,048,000 after acquiring an additional 931,588 shares in the last quarter. JPMorgan Chase & Co. increased its stake in SPDR S&P Homebuilders ETF by 784.7% in the 1st quarter. JPMorgan Chase & Co. now owns 1,237,471 shares of the exchange traded fund’s stock valued at $83,851,000 after buying an additional 1,097,591 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of SPDR S&P Homebuilders ETF by 2.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,116,739 shares of the exchange traded fund’s stock worth $75,671,000 after buying an additional 29,762 shares during the last quarter. BNP Paribas Arbitrage SNC grew its holdings in shares of SPDR S&P Homebuilders ETF by 18.7% in the second quarter. BNP Paribas Arbitrage SNC now owns 912,230 shares of the exchange traded fund’s stock valued at $73,252,000 after acquiring an additional 143,540 shares in the last quarter. Finally, BW Gestao de Investimentos Ltda. purchased a new stake in shares of SPDR S&P Homebuilders ETF during the second quarter valued at approximately $26,496,000.

SPDR S&P Homebuilders ETF Stock Up 1.1 %

XHB stock traded up $0.87 during midday trading on Friday, hitting $82.41. The company’s stock had a trading volume of 3,023,684 shares, compared to its average volume of 3,350,495. The stock’s 50-day moving average price is $75.97 and its 200 day moving average price is $77.35. SPDR S&P Homebuilders ETF has a 1 year low of $59.44 and a 1 year high of $85.13. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of 7.34 and a beta of 1.32.

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.