SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Get Free Report) saw some unusual options trading activity on Tuesday. Investors acquired 16,412 call options on the stock. This is an increase of approximately 114% compared to the average daily volume of 7,678 call options.
SPDR S&P Homebuilders ETF Stock Performance
Shares of XHB traded up $1.94 on Tuesday, hitting $101.95. 1,718,896 shares of the stock traded hands, compared to its average volume of 2,441,849. The company has a market capitalization of $1.49 billion, a PE ratio of 11.47 and a beta of 1.30. The business has a 50 day simple moving average of $101.68 and a 200 day simple moving average of $106.67. SPDR S&P Homebuilders ETF has a one year low of $91.71 and a one year high of $123.13.
Institutional Investors Weigh In On SPDR S&P Homebuilders ETF
Several institutional investors and hedge funds have recently made changes to their positions in XHB. Barclays PLC grew its position in SPDR S&P Homebuilders ETF by 933.7% in the 3rd quarter. Barclays PLC now owns 871,789 shares of the exchange traded fund’s stock worth $96,594,000 after purchasing an additional 787,454 shares during the period. BNP Paribas Financial Markets grew its position in SPDR S&P Homebuilders ETF by 529.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 720,762 shares of the exchange traded fund’s stock worth $79,860,000 after purchasing an additional 606,305 shares during the period. Moore Capital Management LP bought a new stake in SPDR S&P Homebuilders ETF in the 3rd quarter worth approximately $49,513,000. Soros Fund Management LLC bought a new stake in SPDR S&P Homebuilders ETF in the 4th quarter worth approximately $20,858,000. Finally, Balyasny Asset Management L.P. bought a new stake in SPDR S&P Homebuilders ETF in the 4th quarter worth approximately $16,327,000.
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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