Zweig DiMenna Associates LLC Purchases 9,600 Shares of SPDR S&P Homebuilders ETF $XHB

Zweig DiMenna Associates LLC boosted its position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 104.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,800 shares of the exchange traded fund’s stock after acquiring an additional 9,600 shares during the quarter. Zweig DiMenna Associates LLC owned 0.12% of SPDR S&P Homebuilders ETF worth $1,936,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in XHB. Barclays PLC increased its stake in 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 valued at $96,594,000 after acquiring an additional 787,454 shares during the last quarter. BNP Paribas Financial Markets increased its stake in SPDR S&P Homebuilders ETF by 529.7% in 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 acquiring an additional 606,305 shares during the last quarter. Moore Capital Management LP bought a new position in SPDR S&P Homebuilders ETF in the third quarter valued at approximately $49,513,000. Nan Fung Trinity HK Ltd. bought a new position in SPDR S&P Homebuilders ETF in the fourth quarter valued at approximately $15,963,000. Finally, Kingsview Wealth Management LLC bought a new position in SPDR S&P Homebuilders ETF in the third quarter valued at approximately $15,519,000.

SPDR S&P Homebuilders ETF Price Performance

Shares of NYSEARCA:XHB opened at $102.63 on Friday. The company’s 50 day simple moving average is $101.83 and its 200 day simple moving average is $106.60. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 11.47 and a beta of 1.30. SPDR S&P Homebuilders ETF has a 1 year low of $91.71 and a 1 year high of $123.13.

SPDR S&P Homebuilders ETF 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.