The SPDR S&P Homebuilders ETF (NYSE:XHB) bottomed in March 2009, and then consolidated until breaking out in March of this year from $17 to over $20, following a period of heavy accumulation.  The recent market sell-off gives buyers an excellent opportunity to buy (XHB) at just below the March breakout point.  The target for a trade is $19, but if the housing market turns, the longer-term return could be much higher,” Sam Collins Reports From Options Zone.

 

Here are some more details on the the SPDR S&P Homebuilders ETF (NYSE:XHB) including a list of some of the components within the ETF below:

SPDR S&P Homebuilders ETF (NYSE:XHB)

The investment seeks to replicate, net of expenses, the S&P Homebuilders Select Industry Index. The fund will invest at least 80% of assets in securities that comprise the index. The index represents the homebuilding sub-industry portion of the S&P TMI.The fund is nondiversified.

TOP 10 HOLDINGS ( 45.19% OF TOTAL ASSETS)

Company Symbol % Assets USG Corporation Common Stock (USG) 5.45 Owens Corning Inc Common Stock (OC) 4.92 D.R. Horton, Inc. Common Stock (DHI) 4.43 Ryland Group, Inc. (The) Common (RYL) 4.43 Simpson Manufacturing Company, (SSD) 4.39 PulteGroup, Inc. Common Stock (PHM) 4.34 KB Home Common Stock (KBH) 4.34 Ameron International Corporatio (AMN) 4.32 Tempur-pedic International Inc (TPX) 4.29 Lennar Corporation Class A Comm (LEN) 4.28

 

Related posts:

1. Tuesday’s ETF Chart To Watch: SPDR Homebuilders ETF (XHB, RYL, PHM, LEN, TOL)
2. Thursday’s ETF Chart To Watch: State Street SPDR Homebuilders ETF (XHB, MAS, PHM, DHI, TOL, KBH)
3. Friday’s ETF Chart To Watch: SPDR Homebuilders ETF (XHB, HD, LOW, BAC, MS)
4. Gold SPDR Close To Overtaking S&P 500 SPDR As Largest ETF In The World (GLD, SPY)

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