SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Get Free Report) crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $99.00 and traded as high as $99.29. SPDR S&P Homebuilders ETF shares last traded at $99.16, with a volume of 1,522,566 shares changing hands.
SPDR S&P Homebuilders ETF Stock Up 1.2%
The company has a market capitalization of $1.45 billion, a P/E ratio of 11.47 and a beta of 1.25. The firm’s 50-day moving average price is $99.00 and its 200 day moving average price is $105.42.
Institutional Trading of SPDR S&P Homebuilders ETF
Several institutional investors and hedge funds have recently modified their holdings of the stock. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD grew its holdings in shares of SPDR S&P Homebuilders ETF by 47.7% in the second quarter. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD now owns 56,316 shares of the exchange traded fund’s stock valued at $6,508,000 after acquiring an additional 18,178 shares in the last quarter. Greenland Capital Management LP purchased a new stake in shares of SPDR S&P Homebuilders ETF during the second quarter valued at approximately $17,334,000. Gerald Baker Financial Group LLC bought a new stake in SPDR S&P Homebuilders ETF during the first quarter worth $1,789,000. Tidal Investments LLC lifted its holdings in SPDR S&P Homebuilders ETF by 2,114.4% during the second quarter. Tidal Investments LLC now owns 64,461 shares of the exchange traded fund’s stock worth $7,449,000 after acquiring an additional 61,550 shares during the period. Finally, Hilltop Holdings Inc. bought a new stake in SPDR S&P Homebuilders ETF during the first quarter worth $1,744,000.
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.
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