Investors Buy Large Volume of SPDR S&P Homebuilders (ETF) Call Options (XHB)
Shares of SPDR S&P Homebuilders (ETF) (NYSE:XHB) were the recipient of some unusual options trading activity on Wednesday. Stock traders purchased 8,366 call options on the stock, American Banking and Market News reports. This represents an increase of approximately 118% compared to the average volume of 3,833 call options.
Shares of SPDR S&P Homebuilders (NYSE:XHB) remained flat at $31.77 during during mid-day trading trading on Wednesday. 4,156,830 shares of the company’s stock traded hands. SPDR S&P Homebuilders has a 52 week low of $28.39 and a 52 week high of $34.27. The stock has a 50-day moving average of $30.95 and a 200-day moving average of $31.78.
SPDR S&P Homebuilders ETF (NYSE:XHB) seeks to closely match the returns and characteristics of the S&P Homebuilders Select Industry Index.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.