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Stock impact report

Should You Invest in the State Street SPDR S&P Homebuilders ETF (XHB)? [Yahoo! Finance]

Somnigroup International Inc. (SGI) 
Company Research Source: Yahoo! Finance
State Street SPDR S&P Homebuilders ETF (XHB), a passively managed exchange traded fund launched on January 31, 2006. Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors. Sector ETFs also provide investors access to a broad group of companies in particular sectors that offer low risk and diversified exposure. Industrials - Engineering and Construction is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 15, placing it in bottom 6%. The fund is sponsored by State Street Investment Management. It has amassed assets over $1.66 billion, making it one of the larger ETFs attempting to match the performance of the Industrials - Engineering and Construction segment of the equity market. XHB seeks to match the performance of the S&P Homebuilders Select Industry Index bef Show less Read more
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