Traders Buy High Volume of SPDR S&P Homebuilders ETF Call Options (NYSEARCA:XHB)

SPDR S&P Homebuilders ETF (NYSEARCA:XHB) was the recipient of unusually large options trading activity on Tuesday. Stock investors purchased 16,951 call options on the stock. This represents an increase of approximately 93% compared to the typical daily volume of 8,803 call options.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its stake in shares of SPDR S&P Homebuilders ETF by 0.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,358,013 shares of the exchange traded fund’s stock worth $242,781,000 after buying an additional 12,654 shares in the last quarter. Barclays PLC lifted its stake in shares of SPDR S&P Homebuilders ETF by 933.7% in the third quarter. Barclays PLC now owns 871,789 shares of the exchange traded fund’s stock worth $96,594,000 after buying an additional 787,454 shares in the last quarter. BNP Paribas Financial Markets lifted its position 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 valued at $79,860,000 after purchasing an additional 606,305 shares during the period. Moore Capital Management LP bought a new position in SPDR S&P Homebuilders ETF during the third quarter valued at approximately $49,513,000. Finally, Annex Advisory Services LLC bought a new position in SPDR S&P Homebuilders ETF during the third quarter valued at approximately $45,309,000.

SPDR S&P Homebuilders ETF Stock Performance

Shares of NYSEARCA XHB opened at $102.38 on Thursday. The firm’s 50 day moving average price is $108.12 and its 200-day moving average price is $107.73. The company has a market cap of $1.51 billion, a PE ratio of 11.47 and a beta of 1.32. SPDR S&P Homebuilders ETF has a 52-week low of $84.48 and a 52-week high of $123.13.

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.