SPDR S&P Homebuilders ETF Sees Unusually Large Options Volume (NYSEARCA:XHB)

SPDR S&P Homebuilders ETF (NYSEARCA:XHB) saw unusually large options trading activity on Tuesday. Stock investors purchased 22,810 put options on the stock. This is an increase of 59% compared to the average volume of 14,375 put options.

Hedge Funds Weigh In On SPDR S&P Homebuilders ETF

A number of large investors have recently modified their holdings of XHB. AlphaMark Advisors LLC purchased a new position in shares of SPDR S&P Homebuilders ETF during the 4th quarter worth approximately $34,000. Brown Brothers Harriman & Co. purchased a new stake in SPDR S&P Homebuilders ETF during the 1st quarter worth about $25,000. Householder Group Estate & Retirement Specialist LLC acquired a new position in SPDR S&P Homebuilders ETF in the 3rd quarter valued at about $33,000. Patriot Investment Management Group Inc. purchased a new position in SPDR S&P Homebuilders ETF in the 4th quarter valued at about $30,000. Finally, O Shaughnessy Asset Management LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF during the 3rd quarter worth about $35,000.

SPDR S&P Homebuilders ETF Stock Performance

Shares of SPDR S&P Homebuilders ETF stock opened at $101.56 on Wednesday. The company has a market cap of $1.76 billion, a P/E ratio of 15.54 and a beta of 1.38. SPDR S&P Homebuilders ETF has a one year low of $67.07 and a one year high of $111.96. The firm has a fifty day moving average of $104.43 and a two-hundred day moving average of $92.06.

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.