SPDR S&P Retail (XRT) Position Decreased by BNP Paribas Arbitrage SA
BNP Paribas Arbitrage SA cut its stake in shares of SPDR S&P Retail (ETF) (NYSE:XRT) by 2.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,130,230 shares of the company’s stock after selling 72,830 shares during the period. SPDR S&P Retail (ETF) comprises approximately 0.6% of BNP Paribas Arbitrage SA’s investment portfolio, making the stock its 26th largest position. BNP Paribas Arbitrage SA’s holdings in SPDR S&P Retail (ETF) were worth $131,344,000 at the end of the most recent reporting period.
Several other institutional investors have also made changes to their positions in XRT. IFP Advisors Inc raised its position in shares of SPDR S&P Retail (ETF) by 219.8% in the first quarter. IFP Advisors Inc now owns 11,057 shares of the company’s stock valued at $511,000 after buying an additional 7,600 shares in the last quarter. Alpine Partners VI LLC purchased a new stake in SPDR S&P Retail (ETF) during the first quarter valued at approximately $1,050,000. Finally, Landscape Capital Management L.L.C. purchased a new stake in SPDR S&P Retail (ETF) during the first quarter valued at approximately $20,394,000.
Shares of SPDR S&P Retail (NYSE:XRT) traded up 1.49% on Friday, hitting $43.55. The stock had a trading volume of 3,168,440 shares. The company’s 50 day moving average is $44.45 and its 200 day moving average is $43.80. SPDR S&P Retail has a one year low of $37.80 and a one year high of $47.06.
The firm also recently announced a quarterly dividend, which was paid on Monday, September 26th. Stockholders of record on Tuesday, September 20th were paid a dividend of $0.147 per share. The ex-dividend date was Friday, September 16th. This represents a $0.59 annualized dividend and a dividend yield of 1.35%.
Several equities research analysts have commented on XRT shares. Cowen and Company reiterated a “market perform” rating on shares of SPDR S&P Retail (ETF) in a research note on Tuesday, July 26th. Piper Jaffray Cos. reiterated a “neutral” rating on shares of SPDR S&P Retail (ETF) in a research note on Tuesday, July 26th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. SPDR S&P Retail (ETF) has a consensus rating of “Hold”.
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.
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