Y Intercept Hong Kong Ltd Has $3.29 Million Position in SPDR S&P Homebuilders ETF $XHB

Y Intercept Hong Kong Ltd increased its position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 800.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 29,678 shares of the exchange traded fund’s stock after acquiring an additional 26,382 shares during the period. Y Intercept Hong Kong Ltd’s holdings in SPDR S&P Homebuilders ETF were worth $3,288,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of XHB. Harel Insurance Investments & Financial Services Ltd. bought a new position in SPDR S&P Homebuilders ETF in the 2nd quarter worth $118,481,000. Mirae Asset Securities USA Inc. grew its position in shares of SPDR S&P Homebuilders ETF by 100.0% in the second quarter. Mirae Asset Securities USA Inc. now owns 500,000 shares of the exchange traded fund’s stock valued at $49,285,000 after purchasing an additional 250,000 shares during the last quarter. Annex Advisory Services LLC bought a new position in shares of SPDR S&P Homebuilders ETF in the third quarter worth about $45,309,000. Raymond James Financial Inc. increased its stake in shares of SPDR S&P Homebuilders ETF by 116.3% in the second quarter. Raymond James Financial Inc. now owns 227,098 shares of the exchange traded fund’s stock worth $22,385,000 after purchasing an additional 122,089 shares during the period. Finally, Meitav Investment House Ltd. lifted its position in shares of SPDR S&P Homebuilders ETF by 0.3% during the 2nd quarter. Meitav Investment House Ltd. now owns 205,904 shares of the exchange traded fund’s stock worth $20,296,000 after purchasing an additional 545 shares during the last quarter.

SPDR S&P Homebuilders ETF Trading Down 1.2%

XHB opened at $110.30 on Tuesday. SPDR S&P Homebuilders ETF has a 1-year low of $84.48 and a 1-year high of $120.58. The stock has a market capitalization of $1.85 billion, a price-to-earnings ratio of 11.47 and a beta of 1.29. The business has a 50 day moving average of $107.57 and a 200-day moving average of $108.57.

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.