Seeking Alpha

ETF Daily News'  Instablog

ETF Daily News
Send Message
ETF Daily News is a subsidiary of WBC Media, LLC, a New Hampshire company set up to run financial news and opinion on “Exchange Traded Funds.” ETF Daily News delivers its content over the Internet.
My company:
ETF DAILY NEWS
My blog:
ETF Daily News
My book:
The Little Black Book Of Billionaires Secrets
  • A Bottom In Housing Has Investor’s Buying Up Real Estate ETF’s 0 comments
    Aug 28, 2009 5:31 PM | about stocks: XHB, ITB, URE, IYR, SPG, BXP, VNO, TOL, PHM, LOW, BBBY, OC, WSM

    house-shoppingReal Estate has been one of the best investments for decades, until the real estate bubble burst.  The crash in real estate has tightened lending and put a damper on new home sales which in turn increased inventory. 

    The government’s stimulus is propping the industry once again and inventory seems to be moving well.  The eight thousand dollar tax credit has first time home buyers eager to purchase a home.  Real Estate investors are buying up foreclosures at bargain basement prices.

    The National Association of Realtors reported U.S. existing-home sales grew 7.2% in July from June, with new-home sales adding 9.6% for the same period.   The promising data has investors flocking to housing related ETF’s and ETN’s.   ”The iShares Dow Jones U.S. Home Construction Index Fund (NYSEARCA:ITB) and the SPDR S&P Homebuilders ETF (NYSEARCA:XHB) were among the 10 best performing real estate funds, rising 7.2% and 6.8%, respectively,” Kevin Baker Reports From The Street.

    Here are some other housing related ETF’s and ETN to consider, ETN MacroShares Housing UP (UMM), iShares Dow Jones US Real Estate (NYSEARCA:IYR), and Ultra Real Estate ProShares (NYSEARCA:URE).  Take a look at some of the top holdings within these ETF’s below:

    TOP 10 HOLDINGS (URE) ( 42.27% OF TOTAL ASSETS) 
     
    CompanySymbol% Assets
    ANNALY CAPITAL MANAG(NYSE:NLY)3.97
    BOSTON PPTYS INC(NYSE:BXP)3.05
    Djusre Swaps(N/A)7.26
    EQUITY RESIDENTAL(NYSE:EQR)3.49
    HCP, INC.(NYSE:HCP)3.11
    HOST HOTELS & RESORT(NYSE:HST)2.97
    PLUM CREEK TIM REIT(NYSE:PCL)3.06
    PUBLIC STG(NYSE:PSA)4.54
    SIMON PPTY GRP INC(NYSE:SPG)6.8
    VORNADO REALTY TRUST(NYSE:VNO)4.02
    TOP 10 HOLDINGS (IYR) ( 41.47% OF TOTAL ASSETS) 
     
    CompanySymbol% Assets
    ANNALY CAPITAL MANAG(NLY)4.83
    BOSTON PPTYS INC(BXP)3.46
    EQUITY RESIDENTAL(EQR)3.58
    HCP, INC.(HCP)3.39
    HOST HOTELS & RESORT(HST)2.94
    PLUM CREEK TIM REIT(PCL)2.85
    PUBLIC STG(PSA)4.94
    SIMON PPTY GRP INC(SPG)8.38
    VENTAS INC(NYSE:VTR)2.75
    VORNADO REALTY TRUST(VNO)4.35
    TOP 10 HOLDINGS (ITB) ( 57.10% OF TOTAL ASSETS) 
     
    CompanySymbol% Assets
    Cavco Industries, Inc.(NASDAQ:CVCO)4.26
    Centex CorporationN/A4.83
    D R HORTON INC(NYSE:DHI)7.51
    KB HOME(NYSE:KBH)4.73
    LENNAR CP CL A(NYSE:LEN)6.04
    LOWES COMPANIES(NYSE:LOW)4.07
    M D C HOLDINGS(NYSE:MDC)4.88
    N V R L P(NYSE:NVR)7.47
    PULTE HOMES, INC.(NYSE:PHM)6.5
    TOLL BROTHERS INC(NYSE:TOL)6.81
    TOP 10 HOLDINGS (XHB) ( 51.01% OF TOTAL ASSETS) 
     
    CompanySymbol% Assets
    AARON’S, INC SC(NYSE:AAN)5.08
    Bed Bath & Beyond Inc.(NASDAQ:BBBY)4.5
    KB HOME(KBH)4.95
    LEGGETT PLATT INC(NYSE:LEG)4.56
    LENNOX INTL INC(NYSE:LII)4.64
    MASCO CP(NYSE:MAS)5.82
    MOHAWK INDS INC(NYSE:MHK)5.97
    N V R L P(NVR)4.88
    OWENS CORNING(NYSE:OC)6.07
    WILLIAMS SONOMA INC(NYSE:WSM)4.54

    Disclosure: No Positions
     
Back To ETF Daily News' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.