MidFirst Bank Makes New Investment in SPDR S&P Homebuilders ETF $XHB

MidFirst Bank acquired a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,042 shares of the exchange traded fund’s stock, valued at approximately $622,000.

Several other hedge funds have also recently added to or reduced their stakes in XHB. Barclays PLC raised its position in shares of SPDR S&P Homebuilders ETF by 933.7% in the 3rd quarter. Barclays PLC now owns 871,789 shares of the exchange traded fund’s stock worth $96,594,000 after acquiring an additional 787,454 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in SPDR S&P Homebuilders ETF by 529.7% during the third quarter. BNP Paribas Financial Markets now owns 720,762 shares of the exchange traded fund’s stock worth $79,860,000 after buying an additional 606,305 shares during the last quarter. Moore Capital Management LP acquired a new stake in shares of SPDR S&P Homebuilders ETF in the 3rd quarter worth about $49,513,000. Soros Fund Management LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF in the fourth quarter worth approximately $20,858,000. Finally, Balyasny Asset Management L.P. bought a new position in SPDR S&P Homebuilders ETF during the 4th quarter valued at $16,327,000.

SPDR S&P Homebuilders ETF Price Performance

XHB opened at $111.04 on Friday. SPDR S&P Homebuilders ETF has a fifty-two week low of $93.57 and a fifty-two week high of $123.13. The company’s 50-day moving average is $104.20 and its 200 day moving average is $106.80. The firm has a market capitalization of $1.62 billion, a P/E ratio of 11.47 and a beta of 1.26.

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.