Mirae Asset Securities USA Inc. Has $31.14 Million Stock Holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Mirae Asset Securities USA Inc. lessened its position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 50.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 250,000 shares of the exchange traded fund’s stock after selling 250,000 shares during the period. SPDR S&P Homebuilders ETF makes up 1.3% of Mirae Asset Securities USA Inc.’s portfolio, making the stock its 8th biggest position. Mirae Asset Securities USA Inc. owned approximately 1.43% of SPDR S&P Homebuilders ETF worth $31,140,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of XHB. Family Firm Inc. acquired a new stake in shares of SPDR S&P Homebuilders ETF in the second quarter valued at approximately $62,000. National Bank of Canada FI increased its position in SPDR S&P Homebuilders ETF by 238.1% in the 2nd quarter. National Bank of Canada FI now owns 710 shares of the exchange traded fund’s stock valued at $70,000 after acquiring an additional 500 shares during the period. Northwest Investment Counselors LLC bought a new stake in SPDR S&P Homebuilders ETF during the 3rd quarter valued at $98,000. ORG Partners LLC acquired a new position in SPDR S&P Homebuilders ETF during the 2nd quarter worth $93,000. Finally, ORG Wealth Partners LLC acquired a new position in SPDR S&P Homebuilders ETF during the 3rd quarter worth $117,000.

SPDR S&P Homebuilders ETF Stock Performance

Shares of XHB opened at $115.68 on Friday. The firm has a market capitalization of $2.02 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38. The stock’s fifty day moving average is $119.78 and its 200-day moving average is $111.87. SPDR S&P Homebuilders ETF has a one year low of $81.40 and a one year high of $126.07.

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.