Zweig DiMenna Associates LLC Lowers Position in SPDR S&P Homebuilders ETF $XHB

Zweig DiMenna Associates LLC cut its holdings in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 51.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,200 shares of the exchange traded fund’s stock after selling 9,900 shares during the period. Zweig DiMenna Associates LLC owned 0.06% of SPDR S&P Homebuilders ETF worth $1,019,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Founders Financial Alliance LLC bought a new stake in SPDR S&P Homebuilders ETF during the 3rd quarter valued at $27,000. Assetmark Inc. boosted its position in SPDR S&P Homebuilders ETF by 424.0% during the second quarter. Assetmark Inc. now owns 262 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 212 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new position in SPDR S&P Homebuilders ETF in the third quarter valued at about $33,000. Bangor Savings Bank bought a new position in SPDR S&P Homebuilders ETF in the third quarter worth about $44,000. Finally, Private Trust Co. NA lifted its position in shares of SPDR S&P Homebuilders ETF by 128.0% during the second quarter. Private Trust Co. NA now owns 734 shares of the exchange traded fund’s stock valued at $72,000 after buying an additional 412 shares during the last quarter.

SPDR S&P Homebuilders ETF Stock Performance

NYSEARCA:XHB opened at $121.36 on Tuesday. The company’s 50-day simple moving average is $110.32 and its 200-day simple moving average is $109.75. SPDR S&P Homebuilders ETF has a fifty-two week low of $84.48 and a fifty-two week high of $123.13. The stock has a market capitalization of $1.90 billion, a P/E 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.