Trexquant Investment LP Invests $241,000 in SPDR S&P Homebuilders ETF $XHB

Trexquant Investment LP bought a new position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 2,488 shares of the exchange traded fund’s stock, valued at approximately $241,000.

Several other large investors also recently modified their holdings of the stock. Gerber Kawasaki Wealth & Investment Management grew its holdings in shares of SPDR S&P Homebuilders ETF by 10.1% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 45,143 shares of the exchange traded fund’s stock worth $4,374,000 after purchasing an additional 4,125 shares in the last quarter. Eisler Capital Management Ltd. acquired a new stake in shares of SPDR S&P Homebuilders ETF during the 1st quarter worth $6,282,000. Comerica Bank grew its holdings in shares of SPDR S&P Homebuilders ETF by 16.2% during the 1st quarter. Comerica Bank now owns 2,637 shares of the exchange traded fund’s stock worth $256,000 after purchasing an additional 367 shares in the last quarter. Walleye Capital LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF during the 1st quarter worth $3,733,000. Finally, SVB Wealth LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF during the 1st quarter worth $88,000.

SPDR S&P Homebuilders ETF Stock Performance

XHB opened at $116.07 on Wednesday. The firm has a market cap of $1.71 billion, a P/E ratio of 11.47 and a beta of 1.32. SPDR S&P Homebuilders ETF has a 52-week low of $84.48 and a 52-week high of $126.09. The business’s fifty day moving average is $108.74 and its 200-day moving average is $100.54.

SPDR S&P Homebuilders ETF Company Profile

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.