Hilltop Holdings Inc. Takes $1.74 Million Position in SPDR S&P Homebuilders ETF $XHB

Hilltop Holdings Inc. purchased a new position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 17,669 shares of the exchange traded fund’s stock, valued at approximately $1,744,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Soros Fund Management LLC purchased a new position in SPDR S&P Homebuilders ETF during the fourth quarter valued at approximately $20,858,000. Balyasny Asset Management L.P. purchased a new stake in SPDR S&P Homebuilders ETF during the fourth quarter worth $16,327,000. Nan Fung Trinity HK Ltd. purchased a new stake in SPDR S&P Homebuilders ETF during the fourth quarter worth $15,963,000. J. Goldman & Co LP boosted its position in SPDR S&P Homebuilders ETF by 130.4% during the 4th quarter. J. Goldman & Co LP now owns 35,722 shares of the exchange traded fund’s stock valued at $3,678,000 after acquiring an additional 153,318 shares in the last quarter. Finally, Maven Securities LTD increased its holdings in shares of SPDR S&P Homebuilders ETF by 119.6% in the 4th quarter. Maven Securities LTD now owns 21,562 shares of the exchange traded fund’s stock valued at $2,221,000 after acquiring an additional 131,329 shares during the period.

SPDR S&P Homebuilders ETF Trading Up 1.6%

XHB opened at $108.44 on Friday. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 11.47 and a beta of 1.24. SPDR S&P Homebuilders ETF has a 12 month low of $93.57 and a 12 month high of $123.13. The stock has a fifty day moving average price of $106.99 and a 200-day moving average price of $107.51.

About SPDR S&P Homebuilders ETF

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.