SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Trading 8% Higher

SPDR S&P Homebuilders ETF (NYSEARCA:XHB)’s share price traded up 8% during mid-day trading on Wednesday . The stock traded as high as $28.56 and last traded at $30.81, 724,451 shares were traded during trading. A decline of 68% from the average session volume of 2,292,467 shares. The stock had previously closed at $28.54.

The firm has a 50-day moving average price of $41.46 and a 200-day moving average price of $44.39.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Cetera Advisors LLC increased its holdings in SPDR S&P Homebuilders ETF by 0.5% in the 4th quarter. Cetera Advisors LLC now owns 53,345 shares of the exchange traded fund’s stock worth $2,424,000 after acquiring an additional 270 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its stake in SPDR S&P Homebuilders ETF by 9.2% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 3,538 shares of the exchange traded fund’s stock worth $161,000 after purchasing an additional 298 shares during the period. Thrivent Financial for Lutherans boosted its stake in SPDR S&P Homebuilders ETF by 1.3% in the 4th quarter. Thrivent Financial for Lutherans now owns 23,039 shares of the exchange traded fund’s stock worth $1,048,000 after purchasing an additional 300 shares during the period. High Falls Advisors Inc boosted its stake in SPDR S&P Homebuilders ETF by 3.1% in the 4th quarter. High Falls Advisors Inc now owns 18,411 shares of the exchange traded fund’s stock worth $838,000 after purchasing an additional 546 shares during the period. Finally, Tower Research Capital LLC TRC bought a new position in SPDR S&P Homebuilders ETF in the 4th quarter worth about $27,000.

SPDR S&P Homebuilders ETF Company Profile (NYSEARCA:XHB)

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.

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