Raymond James Financial Services Advisors Inc. Reduces Stock Position in SPDR S&P Retail ETF (NYSEARCA:XRT)

Raymond James Financial Services Advisors Inc. lessened its stake in shares of SPDR S&P Retail ETF (NYSEARCA:XRT) by 22.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,101 shares of the exchange traded fund’s stock after selling 1,158 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in SPDR S&P Retail ETF were worth $297,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NBC Securities Inc. purchased a new stake in SPDR S&P Retail ETF during the 3rd quarter worth about $65,000. Quantbot Technologies LP increased its position in SPDR S&P Retail ETF by 11.3% during the 3rd quarter. Quantbot Technologies LP now owns 1,755 shares of the exchange traded fund’s stock worth $107,000 after purchasing an additional 178 shares in the last quarter. Headlands Technologies LLC purchased a new stake in SPDR S&P Retail ETF in the 3rd quarter valued at about $246,000. Strategic Financial Concepts LLC purchased a new stake in SPDR S&P Retail ETF in the 3rd quarter valued at about $250,000. Finally, Kinloch Capital LLC purchased a new stake in SPDR S&P Retail ETF in the 3rd quarter valued at about $253,000.

SPDR S&P Retail ETF Price Performance

XRT opened at $71.47 on Tuesday. The stock has a market capitalization of $457.41 million, a price-to-earnings ratio of 12.75 and a beta of 1.20. The business has a 50-day moving average of $74.92 and a two-hundred day moving average of $69.18. SPDR S&P Retail ETF has a 12 month low of $56.20 and a 12 month high of $79.12.

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.