SPDR S&P Homebuilders ETF (NYSEARCA:XHB) is Viewpoint Capital Management LLC’s 4th Largest Position

Viewpoint Capital Management LLC raised its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 7.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 53,372 shares of the exchange traded fund’s stock after acquiring an additional 3,615 shares during the quarter. SPDR S&P Homebuilders ETF accounts for about 3.7% of Viewpoint Capital Management LLC’s holdings, making the stock its 4th biggest position. Viewpoint Capital Management LLC owned about 0.31% of SPDR S&P Homebuilders ETF worth $6,633,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Family Firm Inc. purchased a new position in SPDR S&P Homebuilders ETF in the second quarter valued at approximately $62,000. National Bank of Canada FI lifted its holdings in shares of SPDR S&P Homebuilders ETF by 238.1% during the second quarter. National Bank of Canada FI now owns 710 shares of the exchange traded fund’s stock valued at $70,000 after purchasing an additional 500 shares during the last quarter. ORG Partners LLC acquired a new position in shares of SPDR S&P Homebuilders ETF in the 2nd quarter valued at about $93,000. Northwest Investment Counselors LLC bought a new stake in SPDR S&P Homebuilders ETF in the third quarter worth approximately $98,000. Finally, TruNorth Capital Management LLC acquired a new position in shares of SPDR S&P Homebuilders ETF during the 2nd quarter worth about $101,000.

SPDR S&P Homebuilders ETF Price Performance

Shares of XHB traded down $1.62 on Friday, reaching $116.54. 2,130,511 shares of the stock traded hands, compared to its average volume of 2,396,293. SPDR S&P Homebuilders ETF has a 12 month low of $69.44 and a 12 month high of $126.07. The stock’s 50-day moving average price is $119.27 and its 200-day moving average price is $110.45. The firm has a market cap of $2.03 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38.

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.