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

Zweig DiMenna Associates LLC decreased its position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 45.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,200 shares of the exchange traded fund’s stock after selling 8,600 shares during the quarter. Zweig DiMenna Associates LLC’s holdings in SPDR S&P Homebuilders ETF were worth $1,007,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. Goldman Sachs Group Inc. grew its holdings in shares of SPDR S&P Homebuilders ETF by 0.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,358,013 shares of the exchange traded fund’s stock valued at $242,781,000 after purchasing an additional 12,654 shares during the period. Moore Capital Management LP acquired a new position in SPDR S&P Homebuilders ETF in the 3rd quarter valued at about $49,513,000. Passaic Partners LLC grew its stake in shares of SPDR S&P Homebuilders ETF by 74.4% in the 4th quarter. Passaic Partners LLC now owns 288,379 shares of the exchange traded fund’s stock valued at $29,692,000 after buying an additional 123,065 shares during the period. CoreCap Advisors LLC increased its holdings in shares of SPDR S&P Homebuilders ETF by 96.2% during the 4th quarter. CoreCap Advisors LLC now owns 239,832 shares of the exchange traded fund’s stock worth $24,693,000 after buying an additional 117,580 shares during the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of SPDR S&P Homebuilders ETF by 5.2% during the 3rd quarter. Raymond James Financial Inc. now owns 238,919 shares of the exchange traded fund’s stock worth $26,472,000 after buying an additional 11,821 shares during the last quarter.

SPDR S&P Homebuilders ETF Stock Performance

XHB stock opened at $108.16 on Wednesday. The firm has a market cap of $1.93 billion, a PE ratio of 11.47 and a beta of 1.24. The firm’s 50 day moving average price is $105.90 and its 200-day moving average price is $107.33. SPDR S&P Homebuilders ETF has a one year low of $93.57 and a one year high of $123.13.

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.