SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Get Free Report) was the target of unusually large options trading on Thursday. Stock investors acquired 18,257 put options on the stock. This is an increase of 140% compared to the typical daily volume of 7,619 put options.
Hedge Funds Weigh In On SPDR S&P Homebuilders ETF
Hedge funds and other institutional investors have recently modified their holdings of the company. Elevated Capital Advisors LLC acquired a new stake in SPDR S&P Homebuilders ETF during the 4th quarter worth approximately $28,000. Eastern Bank acquired a new position in SPDR S&P Homebuilders ETF during the second quarter valued at approximately $35,000. Strive Financial Group LLC purchased a new stake in SPDR S&P Homebuilders ETF during the fourth quarter worth approximately $31,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in SPDR S&P Homebuilders ETF during the fourth quarter worth approximately $32,000. Finally, Evolution Wealth Management Inc. acquired a new stake in shares of SPDR S&P Homebuilders ETF in the first quarter worth $37,000.
SPDR S&P Homebuilders ETF Stock Performance
SPDR S&P Homebuilders ETF stock traded down $0.36 during midday trading on Thursday, reaching $104.32. The stock had a trading volume of 2,283,926 shares, compared to its average volume of 2,556,003. The stock’s 50-day simple moving average is $107.65 and its 200 day simple moving average is $107.57. SPDR S&P Homebuilders ETF has a twelve month low of $93.57 and a twelve month high of $123.13. The stock has a market capitalization of $1.63 billion, a PE ratio of 11.47 and a beta of 1.24.
About SPDR S&P Homebuilders ETF
SPDR S&P Homebuilders ETF (the Fund) seeks to closely match the returns and characteristics of the S&P Homebuilders Select Industry Index. The S&P Homebuilders Select Industry Index represents the homebuilding sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.
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