SPDR S&P Retail ETF (NYSEARCA:XRT) Reaches New 52-Week High – What’s Next?

Shares of SPDR S&P Retail ETF (NYSEARCA:XRT) reached a new 52-week high on Friday . The stock traded as high as $80.76 and last traded at $80.50, with a volume of 1974042 shares changing hands. The stock had previously closed at $78.92.

SPDR S&P Retail ETF Trading Up 2.6 %

The firm has a market capitalization of $684.11 million, a price-to-earnings ratio of 12.74 and a beta of 1.20. The stock has a fifty day moving average price of $76.88 and a 200-day moving average price of $75.96.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of XRT. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in SPDR S&P Retail ETF by 44.7% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 9,544,000 shares of the exchange traded fund’s stock valued at $715,609,000 after purchasing an additional 2,950,000 shares in the last quarter. Mirae Asset Securities USA Inc. acquired a new stake in shares of SPDR S&P Retail ETF in the second quarter valued at $97,474,000. Jane Street Group LLC raised its holdings in shares of SPDR S&P Retail ETF by 224.6% in the first quarter. Jane Street Group LLC now owns 394,423 shares of the exchange traded fund’s stock valued at $31,155,000 after buying an additional 272,912 shares during the last quarter. Walleye Capital LLC lifted its position in SPDR S&P Retail ETF by 108.3% during the 3rd quarter. Walleye Capital LLC now owns 10,039 shares of the exchange traded fund’s stock worth $780,000 after buying an additional 130,858 shares in the last quarter. Finally, Continuum Wealth Advisors LLC acquired a new position in SPDR S&P Retail ETF during the 1st quarter worth about $5,217,000.

SPDR S&P Retail ETF Company Profile

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.