Zweig DiMenna Associates LLC Has $1.94 Million Holdings in SPDR S&P Homebuilders ETF $XHB

Zweig DiMenna Associates LLC lifted its holdings in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 104.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 18,800 shares of the exchange traded fund’s stock after acquiring an additional 9,600 shares during the quarter. Zweig DiMenna Associates LLC’s holdings in SPDR S&P Homebuilders ETF were worth $1,936,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. BOS Asset Management LLC lifted its holdings in shares of SPDR S&P Homebuilders ETF by 14.9% during the fourth quarter. BOS Asset Management LLC now owns 39,572 shares of the exchange traded fund’s stock worth $4,074,000 after purchasing an additional 5,136 shares during the period. PNC Financial Services Group Inc. increased its stake in SPDR S&P Homebuilders ETF by 59.8% in the third quarter. PNC Financial Services Group Inc. now owns 54,311 shares of the exchange traded fund’s stock valued at $6,018,000 after purchasing an additional 20,318 shares in the last quarter. Palumbo Wealth Management LLC bought a new stake in SPDR S&P Homebuilders ETF in the fourth quarter valued at $2,851,000. CoreCap Advisors LLC increased its stake in SPDR S&P Homebuilders ETF by 96.2% in the fourth quarter. CoreCap Advisors LLC now owns 239,832 shares of the exchange traded fund’s stock valued at $24,693,000 after purchasing an additional 117,580 shares in the last quarter. Finally, BlueCrest Capital Management Ltd bought a new stake in SPDR S&P Homebuilders ETF in the third quarter valued at $4,598,000.

SPDR S&P Homebuilders ETF Price Performance

NYSEARCA:XHB opened at $102.63 on Friday. The firm has a 50-day moving average of $101.83 and a 200-day moving average of $106.60. The company has a market cap of $1.50 billion, a PE ratio of 11.47 and a beta of 1.30. SPDR S&P Homebuilders ETF has a one year low of $91.71 and a one year high of $123.13.

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.