XHB - SPDR S&P Homebuilders ETF

NYSEArca - Nasdaq Real Time Price. Currency in USD

40.93

-0.21 (-0.51%)

As of 12:59PM EDT. Market open.

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Previous Close	41.14
Open	40.99
Bid	40.99 x 1200
Ask	41.00 x 1800
Day's Range	40.77 - 41.09
52 Week Range	37.17 - 47.20
Volume	1,501,443
Avg. Volume	2,875,033

Net Assets	834.69M
NAV	39.56
PE Ratio (TTM)	N/A
Yield	0.89%
YTD Return	-10.26%
Beta (3y)	1.07
Expense Ratio (net)	0.35%
Inception Date	2006-01-31

Trade prices are not sourced from all markets

Yahoo Finance Video27 days ago
Housing affordability is at a 10-year low with tight inventory, rising rates
Housing affordability has dropped this quarter to the lowest since late 2008. The median price of existing homes rose to a record $264,800 in May according to the National Association of Realtors. Prices have risen 71% from their low in January 2012. Has the American Dream changed? Yahoo Finance's Seana Smith, Dion Rabouin, Dan Roberts, and Ethan Wolff-Mann discuss.
ETF Trends2 hours ago
Homebuilder ETFs Falter on Latest Housing Data
The housing market took a blow today as the Department of Commerce reported that U.S. homebuilding fell to a nine-month low in June while building permits declined for a third straight month. In addition, ...
MarketWatch8 days ago
KB Home's stock rallies after Susquehanna upgrades, as rising rate concerns appear overdone
Shares of KB Home (kbh) rallied 3.3% toward a three-month high in premarket trade Tuesday, after Susquehanna turned bullish on the home builder, citing strong housing trends in most of the markets KB Home operates. Analyst Jack Micenko raised his rating to positive, after being at neutral for at least the past three years, and raised his stock price target to $36 from $34. "We believe there is not doubt that rising rates will ultimately pressure affordability broadly, but we think it will be at much higher levels--our work suggests 6% mortgage rates," Micenko wrote.
Market Realist20 days ago
Could New Home Sales Continue to Rise?
According to the Census Bureau’s website, it takes six months to establish a trend in new home (DHI) sales, and there was no change in the new home sales (ITB) trend, according to the June report. The Census Bureau reported that the median sales price for new homes sold in May was $313,000 as compared to $312,000 in April, and the average home price in May was $368,500 as compared to $407,300 in April.
Market Realist20 days ago
What to Make of the Decline in Building Permits in May
The changes to the number of building permits issued every month give investors an idea about the trends in the housing (REM) sector. The number of building permits issued every month also acts as a forward indicator for the economy because an increase in the number of building permits in any given month is a signal for increased activity in the housing sector (DHI) in the future, as construction (ITB) activity begins after a few months of issuing the permit. As per the June report, housing units (XHB) authorized by building permits were at a seasonally adjusted rate of 1.30 million, a decline of 4.6% from the revised April reading of 1.36 million units.
Market Realist21 days ago
Are Rising Rates Affecting Housing Markets?
The US Fed has clearly communicated its intentions to continue the rate hike path at the June monetary policy meeting, as the US economy continued to expand. The US Fed hiked interest rates by 25 basis points at that meeting and left the doors open for two more hikes in 2018. Rising interest rates increase the cost of owning a home for prospective buyers, but the impact hasn’t yet been felt by the housing (XHB) markets, as the recent economic data continues to paint a rosy picture for the housing sector.
Zacks22 days ago
Homebuilder ETFs in Focus on Solid New Home Sales Data
The housing market has perked up with the start of summer thanks to soaring demand for homes.
MarketWatch23 days ago
New-home sales rebound in May on hearty demand
The numbers: New-home sales ran at a seasonally adjusted annual 689,000 rate in May. What happened: Sales of newly-constructed homes were 6.7% higher than a downwardly-revised April pace, and 14.1% higher than a year ago, the Commerce Department said Monday. The median sales price in May was $313,000, 3.3% lower than a year ago.
Market Realist23 days ago
How the May Decline in Building Permits Affects the Economy
The Conference Board uses the number of building permits issued as one of the constituents of its LEI (Leading Economic Index) model. The reason for using building permits as a forward indicator is the time gap between the issuance of the permit and the start of construction (PKB) activity. An increasing number of permits is a strong signal for future activity in the housing sector, which has a positive impact on the economy.
Market Realist26 days ago
What Drove the Leading Economic Index Higher in May?
The Conference Board Leading Economic Index (or LEI) is a monthly economic series that helps track any changes to the US business cycle. The Conference Board is an independent business membership and research institute that prepares these reports for different economies. In this series, we’ll analyze the changes to the LEI and assess whether the economic model is signaling any changes to the US business cycle.
Zacks28 days ago
Housing Starts Scale 11-Year High: ETFs in Focus
An upbeat housing starts report was a silver lining in the space, putting homebuilder ETFs in focus.
MarketWatch29 days ago
Housing starts roar to an 11-year high in May
The numbers: Housing starts ran at a seasonally adjusted annual 1.35 million annual rate in May, the Commerce Department said Tuesday. The reading edged past the forecast among economists surveyed by MarketWatch, for a 1.3 million pace. What happened: Builders broke ground on more homes in May, a good signal about the health of the economy and the housing market.
InvestorPlacelast month
Trade of the Day: SPDR S&P Homebuilders ETF (XHB)
To receive further updates on this SPDR S&P Homebuilders ETF (NYSEARCA:XHB) trade, sign up for a risk-free trial of Maximum Options today. This year’s tax-cuts have been acting like a quantitative easing program for the market, and it is now estimated that tax refunds for next year will be 26% higher than they were this year. One thing I’ve noticed is that the retail sector has been really positive.
Market Realistlast month
What Drove Retail Sales Higher in May?
The United States Census Bureau releases a monthly report on retail sales in the United States. As per the notes on the bureau’s website, it conducts an advance monthly survey of retail trade and food services companies. According to the latest report, which was released on June 14, advance estimates of US retail (XRT) and food services sales for May were $502.0 billion, an increase of 0.8% from the revised April reading of $497.9 billion.
Zackslast month
What Lies Ahead for Housing ETFs?
Housing stocks and ETFs have been under pressure amid weak data and rate concerns, what lies ahead?
ETF Trendslast month
Interest Rate Hike Racks 4 Big Homebuilder ETFs
The decision on Wednesday by the Federal Reserve to raise interest rates 25 basis points, effectively raising the federal funds rate from 1.75% to 2%, did not bode well for homebuilder ETFs after the news. ...
Market Realistlast month
Could Unemployment Levels Reach a 58-Year Low?
The latest US employment report indicated that the unemployment rate in the US has declined to an 18-year low of 3.8%. Another fall of a basis point is expected to take the unemployment level to a level not seen since 1960. The Federal Reserve has the mandate to maintain maximum employment.
Market Realistlast month
April Jobs Report: More Jobs Than Job Seekers
The April JOLTS (Job Openings and Labor Turnover Survey), reported on June 5, provides information on job openings and total separations. The total number of separations include layoffs, retirements, and voluntary quits. According to the report, total separations for April were 5.4 million, which is 3.6% of the total workforce.
Market Realist2 months ago
Are Tax Cuts Helping US Consumers Spend More?
The Bureau of Economic Analysis (or BEA), which is part of the US Department of Commerce, releases a monthly report on personal income, disposable personal income, and personal consumption expenditures of US consumers. On May 31, the BEA released its report on personal income and spending for April. The report indicated that personal income rose 0.3% in April.
Market Realist2 months ago
Which REITs Can Protect You from Rising Inflation and Interest?
Rising interest rates have been the primary reason for the volatility in the real estate sector since the beginning of 2018. Despite their strong first-quarter turnaround and improving fundamentals—with marked increases in their funds from operations and net operating incomes—REITs have remained under selling pressure in 2018. The Vanguard Real Estate ETF (VNQ), which invests in a range of real estate assets including REITs, rebounded 4% in May as most REITs reported better-than-expected earnings.
Market Realist2 months ago
Will the Rollback of Dodd-Frank Help the Real Estate Sector?
In a continued effort to deregulate the economy, President Donald Trump signed the Economic Growth, Regulatory Relief, and Consumer Protection Act on March 24. This new act provides some tweaks to the Dodd-Frank Act, which was enacted in 2010 in response to the 2008 financial crisis. The new legislation is skewed toward helping community banks, which would benefit from the reduced capital requirements and regulatory costs.
Market Realist2 months ago
Why the Fall in April New Home Sales Isn’t a Reason to Worry
As per the explanatory notes on the Census Bureau’s website, it takes six months to establish a trend in new home (DHI) sales, and the latest data suggest no change in the upward trend of the new home sales (ITB) market. The Census Bureau reported that the median sales price for new homes sold in April was $312,000 compared to $366,000 in March, and the average home price in April was $407,000 compared to $366,000 in March. Overall, the decline across housing market data in April isn’t a reason to worry, as the improving US economy and rising wages could lend the required support to the sector.
Market Realist2 months ago
Should Housing Investors Worry about Declining Building Permits?
Tracking changes to the number of building permits issued gives investors insight into the demand and supply conditions in the housing (REM) industry. An increase in the number of building permits in any given month is a signal for increased activity in the housing sector (DHI) in the future, as construction (ITB) activity begins after a few months of the issuance of a permit. As per the recent report, housing units (XHB) authorized by building permits were at a seasonally adjusted rate of 1.4 million, a minor fall of 1.8% from the revised March reading of 1.4 million units.
Market Realist2 months ago
Why Housing Starts Fell 3.7% in April
The trend of high volatility in the housing market continued in April as housing starts for the month were reported to have fallen 3.7% following a 1.8% rise in March and a 7% fall in February. The United States Census Bureau and the Department of Housing and Urban Development reported housing starts of 1.29 million for April, lower than the revised March reading of 1.34 million. The bright spot in this month’s report was the increase in single-family housing starts to 894,000 in April from 893,000 in March.
Market Realist2 months ago
Are Rising Bond Yields Affecting Housing Markets?
The 3% ten-year bond yield isn’t a significant level for any reason—it’s a psychological level that has created some market frenzy. The continued increase in bond yields, however, has been worrying stakeholders in the housing (XHB) industry. Recent reports from the housing sector haven’t raised any red flags for the sector at this point, but continued increases in the 30-year mortgage rate along with rising home prices could push prospective buyers away once rates reach higher levels.