Keel Point LLC Invests $9.20 Million in SPDR S&P Homebuilders (XHB)

Keel Point LLC acquired a new stake in SPDR S&P Homebuilders (NYSE:XHB) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 238,844 shares of the exchange traded fund’s stock, valued at approximately $9,203,000. SPDR S&P Homebuilders accounts for about 1.8% of Keel Point LLC’s portfolio, making the stock its 13th largest position.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Tower Research Capital LLC TRC grew its position in shares of SPDR S&P Homebuilders by 157.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 231,793 shares of the exchange traded fund’s stock valued at $8,931,000 after acquiring an additional 141,721 shares during the period. San Francisco Sentry Investment Group CA grew its position in shares of SPDR S&P Homebuilders 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. Aviance Capital Management LLC grew its position in shares of SPDR S&P Homebuilders by 187.2% in the 2nd quarter. Aviance Capital Management LLC now owns 68,753 shares of the exchange traded fund’s stock valued at $2,649,000 after acquiring an additional 44,816 shares during the period. Institute for Wealth Management LLC. bought a new position in shares of SPDR S&P Homebuilders in the 2nd quarter valued at about $738,000. Finally, First Allied Advisory Services Inc. grew its position in shares of SPDR S&P Homebuilders by 297.0% in the 2nd quarter. First Allied Advisory Services Inc. now owns 72,387 shares of the exchange traded fund’s stock valued at $2,789,000 after acquiring an additional 54,153 shares during the period.

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Shares of SPDR S&P Homebuilders (NYSE XHB) traded up 0.15% on Friday, hitting $40.37. 338,059 shares of the stock were exchanged. SPDR S&P Homebuilders has a 1-year low of $30.92 and a 1-year high of $40.67. The stock’s 50-day moving average is $39.00 and its 200-day moving average is $38.24.

The company also recently announced a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 18th were paid a $0.07 dividend. The ex-dividend date was Friday, September 15th. This represents a $0.28 annualized dividend and a dividend yield of 0.69%.

About SPDR S&P Homebuilders

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 (NYSE:XHB)

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