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

SPDR S&P Homebuilders ETF (NYSEARCA:XHB) was the target of unusually large options trading activity on Wednesday. Stock investors bought 61,554 call options on the stock. This represents an increase of 391% compared to the typical volume of 12,534 call options.

Institutional Trading of SPDR S&P Homebuilders ETF

Several large investors have recently bought and sold shares of the company. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of SPDR S&P Homebuilders ETF in the 2nd quarter worth about $118,481,000. 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 grew its holdings in shares of 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 buying an additional 606,305 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of SPDR S&P Homebuilders ETF by 2.8% during the first quarter. Ameriprise Financial Inc. now owns 509,916 shares of the exchange traded fund’s stock valued at $49,398,000 after buying an additional 13,874 shares during the last quarter. Finally, Mirae Asset Securities USA Inc. increased its position in shares of SPDR S&P Homebuilders ETF by 100.0% during the second quarter. Mirae Asset Securities USA Inc. now owns 500,000 shares of the exchange traded fund’s stock valued at $49,285,000 after acquiring an additional 250,000 shares in the last quarter.

SPDR S&P Homebuilders ETF Stock Down 1.0%

Shares of XHB traded down $1.11 during trading hours on Wednesday, reaching $105.55. 1,538,863 shares of the company traded hands, compared to its average volume of 2,336,411. SPDR S&P Homebuilders ETF has a 12 month low of $84.48 and a 12 month high of $120.58. The company’s fifty day moving average price is $106.16 and its two-hundred day moving average price is $106.41. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 11.47 and a beta of 1.29.

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.