SPDR S&P Homebuilders ETF Sees Unusually Large Options Volume (NYSEARCA:XHB)

SPDR S&P Homebuilders ETF (NYSEARCA:XHB) was the target of some unusual options trading activity on Thursday. Investors bought 23,723 call options on the stock. This represents an increase of 113% compared to the typical volume of 11,116 call options.

Institutional Trading of SPDR S&P Homebuilders ETF

Several large investors have recently bought and sold shares of XHB. Childress Capital Advisors LLC bought a new position in shares of SPDR S&P Homebuilders ETF during the third quarter valued at about $1,562,000. Focus Financial Network Inc. bought a new stake in SPDR S&P Homebuilders ETF in the 3rd quarter worth about $733,000. AAFMAA Wealth Management & Trust LLC increased its stake in SPDR S&P Homebuilders ETF by 6.0% in the 2nd quarter. AAFMAA Wealth Management & Trust LLC now owns 23,598 shares of the exchange traded fund’s stock valued at $2,326,000 after buying an additional 1,327 shares during the last quarter. Ellis Investment Partners LLC increased its stake in SPDR S&P Homebuilders ETF by 8.3% in the 2nd quarter. Ellis Investment Partners LLC now owns 33,218 shares of the exchange traded fund’s stock valued at $3,274,000 after buying an additional 2,537 shares during the last quarter. Finally, Bogart Wealth LLC lifted its position in shares of SPDR S&P Homebuilders ETF by 9.7% during the 2nd quarter. Bogart Wealth LLC now owns 28,447 shares of the exchange traded fund’s stock worth $2,804,000 after buying an additional 2,516 shares in the last quarter.

SPDR S&P Homebuilders ETF Price Performance

NYSEARCA XHB opened at $111.69 on Friday. The business has a fifty day moving average price of $107.35 and a two-hundred day moving average price of $108.46. The stock has a market capitalization of $1.89 billion, a PE ratio of 11.47 and a beta of 1.29. SPDR S&P Homebuilders ETF has a fifty-two week low of $84.48 and a fifty-two week high of $120.58.

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.