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

SPDR S&P Homebuilders ETF (NYSEARCA:XHB) saw unusually large options trading activity on Friday. Stock traders acquired 22,104 put options on the stock. This is an increase of approximately 115% compared to the average daily volume of 10,270 put options.

Institutional Trading of SPDR S&P Homebuilders ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Allworth Financial LP grew its position in shares of SPDR S&P Homebuilders ETF by 10.9% during the 3rd quarter. Allworth Financial LP now owns 1,018 shares of the exchange traded fund’s stock valued at $127,000 after buying an additional 100 shares during the last quarter. Concourse Financial Group Securities Inc. raised its position in shares of SPDR S&P Homebuilders ETF by 50.0% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 300 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 100 shares during the period. Pinnacle Financial Partners Inc lifted its holdings in shares of SPDR S&P Homebuilders ETF by 1.0% in the 4th quarter. Pinnacle Financial Partners Inc now owns 10,311 shares of the exchange traded fund’s stock worth $1,078,000 after purchasing an additional 103 shares during the last quarter. Great Valley Advisor Group Inc. lifted its holdings in shares of SPDR S&P Homebuilders ETF by 6.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 2,618 shares of the exchange traded fund’s stock worth $326,000 after purchasing an additional 169 shares during the last quarter. Finally, Clear Creek Financial Management LLC boosted its position in SPDR S&P Homebuilders ETF by 7.8% during the 3rd quarter. Clear Creek Financial Management LLC now owns 2,638 shares of the exchange traded fund’s stock valued at $329,000 after purchasing an additional 191 shares during the period.

SPDR S&P Homebuilders ETF Stock Performance

Shares of SPDR S&P Homebuilders ETF stock opened at $101.39 on Friday. The firm has a market cap of $1.63 billion, a PE ratio of 12.86 and a beta of 1.48. SPDR S&P Homebuilders ETF has a 1 year low of $97.40 and a 1 year high of $126.09. The firm’s 50-day simple moving average is $106.24 and its 200-day simple moving average is $113.90.

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.