Custom Index Systems LLC Has $894,000 Stock Holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Custom Index Systems LLC raised its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 7.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,180 shares of the exchange traded fund’s stock after buying an additional 500 shares during the quarter. Custom Index Systems LLC’s holdings in SPDR S&P Homebuilders ETF were worth $894,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in XHB. Price T Rowe Associates Inc. MD grew its stake in shares of SPDR S&P Homebuilders ETF by 5.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,048,800 shares of the exchange traded fund’s stock worth $117,037,000 after acquiring an additional 53,120 shares during the last quarter. Mirae Asset Securities USA Inc. acquired a new stake in SPDR S&P Homebuilders ETF in the 2nd quarter worth $50,540,000. Bank of Montreal Can increased its holdings in shares of SPDR S&P Homebuilders ETF by 1.8% during the 2nd quarter. Bank of Montreal Can now owns 247,332 shares of the exchange traded fund’s stock worth $25,013,000 after purchasing an additional 4,447 shares during the period. Meitav Investment House Ltd. raised its position in shares of SPDR S&P Homebuilders ETF by 1.2% during the second quarter. Meitav Investment House Ltd. now owns 135,893 shares of the exchange traded fund’s stock valued at $13,736,000 after buying an additional 1,561 shares during the last quarter. Finally, Passaic Partners LLC bought a new stake in shares of SPDR S&P Homebuilders ETF in the first quarter valued at about $13,326,000.

SPDR S&P Homebuilders ETF Trading Down 1.4 %

XHB stock traded down $1.62 during trading on Friday, reaching $116.54. 2,130,511 shares of the stock were exchanged, compared to its average volume of 2,396,293. SPDR S&P Homebuilders ETF has a twelve month low of $69.44 and a twelve month high of $126.07. The company has a market capitalization of $2.03 billion, a P/E ratio of 15.57 and a beta of 1.38. The stock has a 50 day simple moving average of $119.27 and a 200-day simple moving average of $110.46.

About SPDR S&P Homebuilders ETF

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.