Aster Capital Management DIFC Ltd Purchases New Position in SPDR S&P Homebuilders ETF $XHB

Aster Capital Management DIFC Ltd purchased a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 37,690 shares of the exchange traded fund’s stock, valued at approximately $3,881,000. SPDR S&P Homebuilders ETF accounts for approximately 1.7% of Aster Capital Management DIFC Ltd’s portfolio, making the stock its 9th largest position.

A number of other hedge funds have also modified their holdings of the company. Clearstead Advisors LLC raised its position in shares of SPDR S&P Homebuilders ETF by 5.5% in the 3rd quarter. Clearstead Advisors LLC now owns 1,968 shares of the exchange traded fund’s stock valued at $218,000 after acquiring an additional 103 shares during the period. Smith Moore & CO. raised its position in shares of SPDR S&P Homebuilders ETF by 2.0% in the 3rd quarter. Smith Moore & CO. now owns 6,072 shares of the exchange traded fund’s stock valued at $673,000 after acquiring an additional 119 shares during the period. Capital Square LLC raised its position in shares of SPDR S&P Homebuilders ETF by 1.5% in the 3rd quarter. Capital Square LLC now owns 8,722 shares of the exchange traded fund’s stock valued at $966,000 after acquiring an additional 129 shares during the period. Garrison Point Advisors LLC raised its position in shares of SPDR S&P Homebuilders ETF by 1.5% in the 4th quarter. Garrison Point Advisors LLC now owns 9,955 shares of the exchange traded fund’s stock valued at $1,025,000 after acquiring an additional 145 shares during the period. Finally, Quantbot Technologies LP raised its position in shares of SPDR S&P Homebuilders ETF by 66.4% in the 3rd 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 during the period.

SPDR S&P Homebuilders ETF Price Performance

Shares of NYSEARCA:XHB opened at $108.33 on Tuesday. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of 11.47 and a beta of 1.26. The firm’s 50 day simple moving average is $103.35 and its 200 day simple moving average is $106.76. SPDR S&P Homebuilders ETF has a fifty-two week low of $92.86 and a fifty-two 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.