BlueCrest Capital Management Ltd Invests $4.60 Million in SPDR S&P Homebuilders ETF $XHB

BlueCrest Capital Management Ltd acquired a new position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 41,497 shares of the exchange traded fund’s stock, valued at approximately $4,598,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Founders Financial Alliance LLC acquired a new stake in SPDR S&P Homebuilders ETF during the 3rd quarter valued at $27,000. Allspring Global Investments Holdings LLC acquired a new position in shares of SPDR S&P Homebuilders ETF in the third quarter worth $33,000. Bangor Savings Bank acquired a new position in shares of SPDR S&P Homebuilders ETF in the third quarter worth $44,000. Quantbot Technologies LP lifted its position 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 acquiring an additional 170 shares in the last quarter. Finally, Financial Life Planners purchased a new stake in shares of SPDR S&P Homebuilders ETF in the third quarter valued at $48,000.

SPDR S&P Homebuilders ETF Stock Up 0.4%

XHB opened at $102.08 on Wednesday. The firm has a market cap of $1.60 billion, a P/E ratio of 11.47 and a beta of 1.29. The business’s fifty day simple moving average is $112.47 and its 200 day simple moving average is $109.60. SPDR S&P Homebuilders ETF has a 52 week low of $84.48 and a 52 week high of $123.13.

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.