Stock Traders Purchase Large Volume of Put Options on SPDR S&P Retail ETF (NYSEARCA:XRT)

SPDR S&P Retail ETF (NYSEARCA:XRT) was the target of some unusual options trading activity on Friday. Investors purchased 146,456 put options on the company. This represents an increase of approximately 480% compared to the average daily volume of 25,243 put options.

SPDR S&P Retail ETF Stock Up 2.2 %

Shares of XRT stock opened at $70.58 on Friday. The stock has a market cap of $285.85 million, a P/E ratio of 13.46 and a beta of 1.34. SPDR S&P Retail ETF has a fifty-two week low of $61.33 and a fifty-two week high of $84.84. The business has a fifty day simple moving average of $68.55 and a 200-day simple moving average of $75.79.

Institutional Investors Weigh In On SPDR S&P Retail ETF

Large investors have recently bought and sold shares of the stock. SG Americas Securities LLC boosted its stake in shares of SPDR S&P Retail ETF by 22.9% during the 4th quarter. SG Americas Securities LLC now owns 8,645 shares of the exchange traded fund’s stock worth $688,000 after purchasing an additional 1,612 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of SPDR S&P Retail ETF by 536.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 3,730 shares of the exchange traded fund’s stock valued at $297,000 after buying an additional 3,144 shares during the period. U.S. Capital Wealth Advisors LLC purchased a new stake in SPDR S&P Retail ETF in the 4th quarter worth approximately $225,000. Econ Financial Services Corp acquired a new position in SPDR S&P Retail ETF in the 4th quarter valued at $710,000. Finally, Fairvoy Private Wealth LLC purchased a new position in shares of SPDR S&P Retail ETF during the 4th quarter worth $280,000.

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.