Sei Investments Co. Takes Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Sei Investments Co. bought a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 260,318 shares of the exchange traded fund’s stock, valued at approximately $11,847,000.

Several other hedge funds have also recently modified their holdings of the company. Whittier Trust Co. grew its stake in SPDR S&P Homebuilders ETF by 98.3% in the 2nd quarter. Whittier Trust Co. now owns 932 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 462 shares during the last quarter. Stratos Wealth Partners LTD. grew its position in shares of SPDR S&P Homebuilders ETF by 7.2% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 12,398 shares of the exchange traded fund’s stock worth $544,000 after purchasing an additional 832 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of SPDR S&P Homebuilders ETF by 1,368.0% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 464,689 shares of the exchange traded fund’s stock worth $20,400,000 after purchasing an additional 433,035 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of SPDR S&P Homebuilders ETF by 84.3% during the 1st quarter. JPMorgan Chase & Co. now owns 1,078,795 shares of the exchange traded fund’s stock worth $32,137,000 after purchasing an additional 493,318 shares in the last quarter. Finally, Bank of Nova Scotia grew its position in shares of SPDR S&P Homebuilders ETF by 19.9% during the 2nd quarter. Bank of Nova Scotia now owns 172,645 shares of the exchange traded fund’s stock worth $7,573,000 after purchasing an additional 28,704 shares in the last quarter.

Shares of NYSEARCA:XHB opened at $54.03 on Wednesday. The company’s 50 day moving average price is $52.02 and its two-hundred day moving average price is $41.97. SPDR S&P Homebuilders ETF has a 12-month low of $23.95 and a 12-month high of $54.71.

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.

Further Reading: Growth Stocks

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Institutional Ownership by Quarter for SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

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