Graham Capital Management L.P. Makes New $8.98 Million Investment in SPDR S&P Homebuilders ETF $XHB

Graham Capital Management L.P. bought a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 87,200 shares of the exchange traded fund’s stock, valued at approximately $8,978,000. Graham Capital Management L.P. owned about 0.56% of SPDR S&P Homebuilders ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Founders Financial Alliance LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF in the third quarter valued at about $27,000. Elevated Capital Advisors LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF in the fourth quarter valued at about $28,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF in the fourth quarter valued at about $32,000. Quantbot Technologies LP raised its holdings in shares of SPDR S&P Homebuilders ETF by 66.4% in the third quarter. Quantbot Technologies LP now owns 426 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 170 shares during the last quarter. Finally, Copia Wealth Management raised its holdings in shares of SPDR S&P Homebuilders ETF by 79.2% in the fourth quarter. Copia Wealth Management now owns 430 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 190 shares during the last quarter.

SPDR S&P Homebuilders ETF Price Performance

Shares of XHB stock opened at $109.84 on Wednesday. The firm has a 50-day moving average of $103.58 and a 200-day moving average of $106.77. The company has a market cap of $1.60 billion, a P/E ratio of 11.47 and a beta of 1.26. SPDR S&P Homebuilders ETF has a one year low of $92.86 and a one 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.