Nomura Asset Management Co. Ltd. Makes New $993,000 Investment in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Nomura Asset Management Co. Ltd. bought a new position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 25,748 shares of the exchange traded fund’s stock, valued at approximately $993,000. Nomura Asset Management Co. Ltd. owned 0.14% of SPDR S&P Homebuilders ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Karp Capital Management Corp bought a new stake in SPDR S&P Homebuilders ETF during the fourth quarter worth about $30,000. Cullen Frost Bankers Inc. bought a new stake in shares of SPDR S&P Homebuilders ETF during the first quarter valued at approximately $30,000. Nalls Sherbakoff Group LLC bought a new stake in shares of SPDR S&P Homebuilders ETF during the fourth quarter valued at approximately $46,000. Field & Main Bank bought a new stake in shares of SPDR S&P Homebuilders ETF during the first quarter valued at approximately $167,000. Finally, Glacier Peak Capital LLC bought a new stake in shares of SPDR S&P Homebuilders ETF during the fourth quarter valued at approximately $217,000.

XHB stock traded up $0.34 during midday trading on Monday, reaching $42.02. The company’s stock had a trading volume of 3,606,245 shares, compared to its average volume of 2,918,631. SPDR S&P Homebuilders ETF has a 52 week low of $30.56 and a 52 week high of $42.37. The stock’s 50-day moving average price is $40.37.

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.

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

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