Y Intercept Hong Kong Ltd Reduces Holdings in SPDR S&P Homebuilders ETF $XHB

Y Intercept Hong Kong Ltd reduced its position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 52.3% in the 2nd quarter, Holdings Channel reports. The firm owned 3,296 shares of the exchange traded fund’s stock after selling 3,607 shares during the period. Y Intercept Hong Kong Ltd’s holdings in SPDR S&P Homebuilders ETF were worth $325,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in XHB. Jefferies Financial Group Inc. increased its position in SPDR S&P Homebuilders ETF by 2,527.2% during the first quarter. Jefferies Financial Group Inc. now owns 102,356 shares of the exchange traded fund’s stock worth $9,918,000 after buying an additional 98,460 shares during the period. Eisler Capital Management Ltd. acquired a new stake in shares of SPDR S&P Homebuilders ETF in the first quarter valued at approximately $6,282,000. Element Capital Management LLC acquired a new stake in SPDR S&P Homebuilders ETF during the 1st quarter worth $4,845,000. Federation des caisses Desjardins du Quebec boosted its stake in SPDR S&P Homebuilders ETF by 7,939.4% during the 1st quarter. Federation des caisses Desjardins du Quebec now owns 49,844 shares of the exchange traded fund’s stock worth $4,830,000 after purchasing an additional 49,224 shares during the period. Finally, Vestcor Inc purchased a new position in SPDR S&P Homebuilders ETF during the 1st quarter worth $3,876,000.

SPDR S&P Homebuilders ETF Stock Performance

NYSEARCA XHB opened at $105.56 on Friday. The firm’s fifty day moving average is $110.22 and its two-hundred day moving average is $104.43. SPDR S&P Homebuilders ETF has a one year low of $84.48 and a one year high of $126.09. The firm has a market cap of $1.71 billion, a PE ratio of 11.47 and a beta of 1.29.

SPDR S&P Homebuilders ETF Company 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.