Stock Traders Buy Large Volume of SPDR S&P Homebuilders ETF Put Options (NYSEARCA:XHB)

SPDR S&P Homebuilders ETF (NYSEARCA:XHBGet Free Report) saw some unusual options trading activity on Wednesday. Stock traders bought 30,239 put options on the company. This is an increase of approximately 147% compared to the typical daily volume of 12,259 put options.

SPDR S&P Homebuilders ETF Stock Up 2.2 %

NYSEARCA:XHB opened at $100.79 on Thursday. SPDR S&P Homebuilders ETF has a 12 month low of $69.32 and a 12 month high of $111.96. The company’s 50 day moving average is $103.63 and its 200-day moving average is $101.81. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38.

Hedge Funds Weigh In On SPDR S&P Homebuilders ETF

A number of hedge funds have recently made changes to their positions in the business. AlphaMark Advisors LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF in the 4th quarter valued at approximately $34,000. BKM Wealth Management LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF during the fourth quarter worth $48,000. Creekmur Asset Management LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF during the fourth quarter worth $63,000. VitalStone Financial LLC raised its stake in SPDR S&P Homebuilders ETF by 13,920.0% in the fourth quarter. VitalStone Financial LLC now owns 701 shares of the exchange traded fund’s stock valued at $67,000 after purchasing an additional 696 shares in the last quarter. Finally, Global Trust Asset Management LLC raised its stake in SPDR S&P Homebuilders ETF by 57.1% in the fourth quarter. Global Trust Asset Management LLC now owns 825 shares of the exchange traded fund’s stock valued at $79,000 after purchasing an additional 300 shares in the last quarter.

SPDR S&P Homebuilders ETF Company Profile

(Get Free Report)

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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