Aster Capital Management DIFC Ltd Makes New Investment in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Aster Capital Management DIFC Ltd bought a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 45,800 shares of the exchange traded fund’s stock, valued at approximately $4,786,000. SPDR S&P Homebuilders ETF makes up about 1.8% of Aster Capital Management DIFC Ltd’s portfolio, making the stock its 6th largest holding. Aster Capital Management DIFC Ltd owned about 0.26% of SPDR S&P Homebuilders ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in SPDR S&P Homebuilders ETF in the fourth quarter valued at $43,362,000. Passaic Partners LLC purchased a new position in shares of SPDR S&P Homebuilders ETF in the 4th quarter valued at about $8,273,000. Meitav Investment House Ltd. lifted its stake in shares of SPDR S&P Homebuilders ETF by 54.9% in the fourth quarter. Meitav Investment House Ltd. now owns 212,293 shares of the exchange traded fund’s stock valued at $22,185,000 after purchasing an additional 75,244 shares during the period. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD boosted its holdings in SPDR S&P Homebuilders ETF by 62.7% during the fourth quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 147,504 shares of the exchange traded fund’s stock worth $15,401,000 after buying an additional 56,839 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in SPDR S&P Homebuilders ETF by 29.8% during the fourth quarter. Wells Fargo & Company MN now owns 142,716 shares of the exchange traded fund’s stock worth $14,914,000 after buying an additional 32,769 shares in the last quarter.

SPDR S&P Homebuilders ETF Trading Up 1.1 %

Shares of SPDR S&P Homebuilders ETF stock opened at $92.87 on Friday. The company has a 50-day moving average of $101.97 and a two-hundred day moving average of $110.99. SPDR S&P Homebuilders ETF has a 12-month low of $89.06 and a 12-month high of $126.09. The stock has a market cap of $1.27 billion, a PE ratio of 12.26 and a beta of 1.51.

SPDR S&P Homebuilders ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were paid a $0.313 dividend. This is an increase from SPDR S&P Homebuilders ETF’s previous dividend of $0.15. The ex-dividend date was Monday, March 24th.

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.