Lido Advisors LLC Takes $4.07 Million Position in SPDR S&P Homebuilders ETF (XHB)

Lido Advisors LLC purchased a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 98,284 shares of the exchange traded fund’s stock, valued at approximately $4,065,000. SPDR S&P Homebuilders ETF accounts for about 0.7% of Lido Advisors LLC’s portfolio, making the stock its 22nd biggest position. Lido Advisors LLC owned about 0.37% of SPDR S&P Homebuilders ETF at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Parallel Advisors LLC raised its holdings in SPDR S&P Homebuilders ETF by 12.6% in the 2nd quarter. Parallel Advisors LLC now owns 2,683 shares of the exchange traded fund’s stock valued at $103,000 after acquiring an additional 301 shares during the period. Advisor Group Inc. raised its holdings in SPDR S&P Homebuilders ETF by 130.5% in the 2nd quarter. Advisor Group Inc. now owns 13,915 shares of the exchange traded fund’s stock valued at $536,000 after acquiring an additional 7,878 shares during the period. Keel Point LLC bought a new position in SPDR S&P Homebuilders ETF in the 2nd quarter valued at about $9,203,000. San Francisco Sentry Investment Group CA raised its holdings in SPDR S&P Homebuilders ETF by 12.1% in the 2nd quarter. San Francisco Sentry Investment Group CA now owns 25,480 shares of the exchange traded fund’s stock valued at $982,000 after acquiring an additional 2,750 shares during the period. Finally, Oppenheimer & Co. Inc. raised its holdings in SPDR S&P Homebuilders ETF by 19.0% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 37,347 shares of the exchange traded fund’s stock valued at $1,439,000 after acquiring an additional 5,971 shares during the period.

SPDR S&P Homebuilders ETF (XHB) traded down $0.67 during trading on Tuesday, reaching $43.47. 2,247,300 shares of the company’s stock traded hands, compared to its average volume of 1,538,552. SPDR S&P Homebuilders ETF has a 52-week low of $33.57 and a 52-week high of $44.49.

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SPDR S&P Homebuilders ETF 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.

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

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