Moore Capital Management LP Acquires Shares of 446,866 SPDR S&P Homebuilders ETF $XHB

Moore Capital Management LP bought a new stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 446,866 shares of the exchange traded fund’s stock, valued at approximately $49,513,000. SPDR S&P Homebuilders ETF accounts for approximately 0.7% of Moore Capital Management LP’s portfolio, making the stock its 28th biggest holding. Moore Capital Management LP owned about 2.76% of SPDR S&P Homebuilders ETF as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Barclays PLC raised 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 purchasing an additional 787,454 shares in the last quarter. BNP Paribas Financial Markets grew its stake in 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 worth $79,860,000 after buying an additional 606,305 shares in the last quarter. Annex Advisory Services LLC acquired a new stake in SPDR S&P Homebuilders ETF during the third quarter worth about $45,309,000. Kingsview Wealth Management LLC bought a new position in SPDR S&P Homebuilders ETF in the 3rd quarter valued at about $15,519,000. Finally, Diversify Advisory Services LLC bought a new position in SPDR S&P Homebuilders ETF in the 2nd quarter valued at about $13,578,000.

SPDR S&P Homebuilders ETF Trading Up 1.1%

Shares of NYSEARCA:XHB opened at $101.67 on Tuesday. The firm has a 50 day moving average of $112.55 and a 200-day moving average of $109.69. SPDR S&P Homebuilders ETF has a 12 month low of $84.48 and a 12 month high of $123.13. The stock has a market capitalization of $1.59 billion, a PE ratio of 11.47 and a beta of 1.29.

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.