Aster Capital Management DIFC Ltd Makes New $4.79 Million Investment in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Aster Capital Management DIFC Ltd purchased a new stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) during the 4th quarter, Holdings Channel reports. The firm purchased 45,800 shares of the exchange traded fund’s stock, valued at approximately $4,786,000. SPDR S&P Homebuilders ETF accounts for about 1.8% of Aster Capital Management DIFC Ltd’s holdings, making the stock its 6th largest position.

A number of other hedge funds have also modified their holdings of XHB. Raymond James Financial Inc. acquired a new stake in SPDR S&P Homebuilders ETF during the 4th quarter valued at $43,362,000. Passaic Partners LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF in the fourth quarter valued at $8,273,000. Meitav Investment House Ltd. boosted its stake in shares of SPDR S&P Homebuilders ETF by 54.9% during the fourth quarter. Meitav Investment House Ltd. now owns 212,293 shares of the exchange traded fund’s stock valued at $22,185,000 after acquiring an additional 75,244 shares during the last quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD increased its position in SPDR S&P Homebuilders ETF by 62.7% during the 4th quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 147,504 shares of the exchange traded fund’s stock worth $15,401,000 after purchasing an additional 56,839 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in SPDR S&P Homebuilders ETF by 29.8% during the 4th quarter. Wells Fargo & Company MN now owns 142,716 shares of the exchange traded fund’s stock worth $14,914,000 after purchasing an additional 32,769 shares in the last quarter.

SPDR S&P Homebuilders ETF Trading Up 1.1 %

NYSEARCA:XHB opened at $92.87 on Friday. SPDR S&P Homebuilders ETF has a 12-month low of $89.06 and a 12-month high of $126.09. The firm has a market cap of $1.27 billion, a price-to-earnings ratio of 12.26 and a beta of 1.51. The company’s 50-day moving average is $101.97 and its two-hundred day moving average is $110.99.

SPDR S&P Homebuilders ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were paid a dividend of $0.313 per share. This is an increase from SPDR S&P Homebuilders ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, March 24th.

About SPDR S&P Homebuilders ETF

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.