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

SPDR S&P Homebuilders ETF (NYSEARCA:XHB) saw some unusual options trading on Tuesday. Investors purchased 17,661 call options on the company. This is an increase of 74% compared to the typical volume of 10,148 call options.

SPDR S&P Homebuilders ETF Stock Up 2.1 %

Shares of SPDR S&P Homebuilders ETF stock traded up $2.12 during mid-day trading on Tuesday, reaching $102.70. 1,114,387 shares of the stock traded hands, compared to its average volume of 2,211,760. The business has a 50-day moving average of $106.67 and a 200 day moving average of $114.12. The stock has a market capitalization of $1.65 billion, a PE ratio of 12.86 and a beta of 1.48. SPDR S&P Homebuilders ETF has a fifty-two week low of $97.40 and a fifty-two week high of $126.09.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Kestra Private Wealth Services LLC purchased a new position in SPDR S&P Homebuilders ETF during the 4th quarter valued at about $502,000. Rockefeller Capital Management L.P. grew its position in shares of SPDR S&P Homebuilders ETF by 13.8% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 31,886 shares of the exchange traded fund’s stock valued at $3,972,000 after buying an additional 3,867 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of SPDR S&P Homebuilders ETF by 5.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 8,324 shares of the exchange traded fund’s stock valued at $1,037,000 after purchasing an additional 431 shares during the period. HB Wealth Management LLC boosted its holdings in shares of SPDR S&P Homebuilders ETF by 21.7% in the fourth quarter. HB Wealth Management LLC now owns 4,484 shares of the exchange traded fund’s stock valued at $469,000 after acquiring an additional 800 shares during the period. Finally, Orion Portfolio Solutions LLC boosted its stake in SPDR S&P Homebuilders ETF by 13.0% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 6,864 shares of the exchange traded fund’s stock worth $855,000 after purchasing an additional 792 shares during the period.

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.