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  • A Bottom In Housing Has Investor’s Buying Up Real Estate ETF’s 0 comments
    Aug 28, 2009 05:31 PM | about stocks: XHB, ITB, UMM, 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 (ITB) and the SPDR S&P Homebuilders ETF (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 (IYR), and Ultra Real Estate ProShares (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(NLY)3.97
    BOSTON PPTYS INC(BXP)3.05
    Djusre Swaps(N/A)7.26
    EQUITY RESIDENTAL(EQR)3.49
    HCP, INC.(HCP)3.11
    HOST HOTELS & RESORT(HST)2.97
    PLUM CREEK TIM REIT(PCL)3.06
    PUBLIC STG(PSA)4.54
    SIMON PPTY GRP INC(SPG)6.8
    VORNADO REALTY TRUST(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(VTR)2.75
    VORNADO REALTY TRUST(VNO)4.35
    TOP 10 HOLDINGS (ITB) ( 57.10% OF TOTAL ASSETS) 
     
    CompanySymbol% Assets
    Cavco Industries, Inc.(CVCO)4.26
    Centex CorporationN/A4.83
    D R HORTON INC(DHI)7.51
    KB HOME(KBH)4.73
    LENNAR CP CL A(LEN)6.04
    LOWES COMPANIES(LOW)4.07
    M D C HOLDINGS(MDC)4.88
    N V R L P(NVR)7.47
    PULTE HOMES, INC.(PHM)6.5
    TOLL BROTHERS INC(TOL)6.81
    TOP 10 HOLDINGS (XHB) ( 51.01% OF TOTAL ASSETS) 
     
    CompanySymbol% Assets
    AARON’S, INC SC(AAN)5.08
    Bed Bath & Beyond Inc.(BBBY)4.5
    KB HOME(KBH)4.95
    LEGGETT PLATT INC(LEG)4.56
    LENNOX INTL INC(LII)4.64
    MASCO CP(MAS)5.82
    MOHAWK INDS INC(MHK)5.97
    N V R L P(NVR)4.88
    OWENS CORNING(OC)6.07
    WILLIAMS SONOMA INC(WSM)4.54

    Disclosure: No Positions
     
    Themes: home sales, housing bubble, housing ETF, Real Estate Investor Stocks: XHB, ITB, UMM, URE, IYR, SPG, BXP, VNO, TOL, PHM, LOW, BBBY, OC, WSM
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