SPDR S&P Retail ETF Sees Unusually High Options Volume (NYSEARCA:XRT)

SPDR S&P Retail ETF (NYSEARCA:XRT) saw some unusual options trading on Monday. Traders acquired 26,410 put options on the company. This is an increase of approximately 50% compared to the typical daily volume of 17,601 put options.

SPDR S&P Retail ETF Trading Down 1.6 %

XRT stock opened at $61.07 on Tuesday. The stock has a 50-day moving average price of $64.82 and a two-hundred day moving average price of $62.83. The stock has a market cap of $409.17 million, a PE ratio of 8.88 and a beta of 1.31. SPDR S&P Retail ETF has a 1 year low of $55.32 and a 1 year high of $75.77.

Hedge Funds Weigh In On SPDR S&P Retail ETF

Several hedge funds have recently modified their holdings of the stock. Headlands Technologies LLC bought a new position in SPDR S&P Retail ETF during the first quarter worth about $25,000. Ameritas Advisory Services LLC bought a new position in SPDR S&P Retail ETF during the first quarter worth about $30,000. FMR LLC grew its holdings in SPDR S&P Retail ETF by 42.3% during the first quarter. FMR LLC now owns 565 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 168 shares during the period. Meitav Investment House Ltd. bought a new position in SPDR S&P Retail ETF during the second quarter worth about $57,000. Finally, Belpointe Asset Management LLC acquired a new stake in SPDR S&P Retail ETF during the fourth quarter worth approximately $75,000.

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.