SPDR S&P Homebuilders ETF Target of Unusually Large Options Trading (NYSEARCA:XHB)

SPDR S&P Homebuilders ETF (NYSEARCA:XHB) saw some unusual options trading activity on Tuesday. Investors purchased 22,810 put options on the stock. This is an increase of approximately 59% compared to the average volume of 14,375 put options.

Institutional Investors Weigh In On SPDR S&P Homebuilders ETF

Several institutional investors have recently bought and sold shares of XHB. Retirement Group LLC grew its position in shares of SPDR S&P Homebuilders ETF by 35.5% during the fourth quarter. Retirement Group LLC now owns 573 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 150 shares in the last quarter. Udine Wealth Management Inc. raised its holdings in shares of SPDR S&P Homebuilders ETF by 0.8% during the third quarter. Udine Wealth Management Inc. now owns 21,285 shares of the exchange traded fund’s stock worth $1,630,000 after purchasing an additional 171 shares during the period. Harbour Investments Inc. boosted its holdings in shares of SPDR S&P Homebuilders ETF by 3.4% in the 2nd quarter. Harbour Investments Inc. now owns 5,276 shares of the exchange traded fund’s stock valued at $424,000 after buying an additional 173 shares during the period. Creative Planning boosted its stake in SPDR S&P Homebuilders ETF by 2.1% in the fourth quarter. Creative Planning now owns 9,386 shares of the exchange traded fund’s stock valued at $898,000 after acquiring an additional 191 shares during the period. Finally, Kestra Advisory Services LLC boosted its position in SPDR S&P Homebuilders ETF by 2.7% during the 4th quarter. Kestra Advisory Services LLC now owns 8,264 shares of the exchange traded fund’s stock valued at $791,000 after purchasing an additional 221 shares during the period.

SPDR S&P Homebuilders ETF Trading Down 1.3 %

SPDR S&P Homebuilders ETF stock opened at $101.56 on Wednesday. The firm has a market capitalization of $1.76 billion, a P/E ratio of 15.54 and a beta of 1.38. SPDR S&P Homebuilders ETF has a 52 week low of $67.07 and a 52 week high of $111.96. The stock has a fifty day moving average price of $104.43 and a 200 day moving average price of $92.06.

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.