Graham Capital Management L.P. Takes $8.98 Million Position in SPDR S&P Homebuilders ETF $XHB

Graham Capital Management L.P. bought a new stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 87,200 shares of the exchange traded fund’s stock, valued at approximately $8,978,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of XHB. Founders Financial Alliance LLC bought a new position in shares of SPDR S&P Homebuilders ETF during the 3rd quarter valued at approximately $27,000. Elevated Capital Advisors LLC bought a new position in shares of SPDR S&P Homebuilders ETF during the 4th quarter valued at approximately $28,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of SPDR S&P Homebuilders ETF during the 4th quarter valued at approximately $32,000. Copia Wealth Management grew its position in shares of SPDR S&P Homebuilders ETF by 79.2% during the 4th quarter. Copia Wealth Management now owns 430 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 190 shares during the period. Finally, Quantbot Technologies LP grew its position in shares of SPDR S&P Homebuilders ETF by 66.4% during the 3rd quarter. Quantbot Technologies LP now owns 426 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 170 shares during the period.

SPDR S&P Homebuilders ETF Stock Up 1.4%

SPDR S&P Homebuilders ETF stock opened at $109.84 on Wednesday. SPDR S&P Homebuilders ETF has a twelve month low of $92.86 and a twelve month high of $123.13. The firm has a 50 day moving average price of $103.58 and a 200-day moving average price of $106.77. The company has a market capitalization of $1.60 billion, a P/E ratio of 11.47 and a beta of 1.26.

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.