SPDR S&P Retail ETF (NYSEARCA:XRT) Sets New 52-Week High at $78.83

SPDR S&P Retail ETF (NYSEARCA:XRT)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $78.83 and last traded at $78.67, with a volume of 528924 shares traded. The stock had previously closed at $78.36.

SPDR S&P Retail ETF Stock Performance

The company has a market capitalization of $528.43 million, a price-to-earnings ratio of 8.88 and a beta of 1.31. The company has a 50-day moving average price of $73.58 and a 200-day moving average price of $67.42.

Hedge Funds Weigh In On SPDR S&P Retail ETF

Several institutional investors have recently modified their holdings of XRT. Private Wealth Management Group LLC bought a new position in shares of SPDR S&P Retail ETF during the 4th quarter valued at about $37,000. FMR LLC lifted its stake in SPDR S&P Retail ETF by 42.3% in the 1st quarter. FMR LLC now owns 565 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 168 shares in the last quarter. VitalStone Financial LLC bought a new stake in SPDR S&P Retail ETF in the 4th quarter valued at approximately $57,000. Private Trust Co. NA bought a new stake in SPDR S&P Retail ETF in the 4th quarter valued at approximately $59,000. Finally, Comerica Bank bought a new stake in SPDR S&P Retail ETF in the 3rd quarter valued at approximately $55,000.

About SPDR S&P Retail ETF

SPDR S&P Retail ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P Retail Select Industry Index (the Index). The Index is an equal weighted market cap index. The Index represents the retail sub-industry portion of the S&P Total Market Index. The Fund invests in industries, such as apparel retail, automotive retail, food retail, department stores, Internet retail, general merchandise stores, drug retail, and hypermarkets and super centers.