Investors Purchase High Volume of SPDR S&P Retail ETF Call Options (NYSEARCA:XRT)

Posted by Jessica Moore on Apr 18th, 2024

SPDR S&P Retail ETF (NYSEARCA:XRT – Get Free Report) was the target of unusually large options trading on Thursday. Stock investors purchased 30,259 call options on the company. This is an increase of 64% compared to the typical volume of 18,445 call options.

SPDR S&P Retail ETF Trading Up 1.3 %

XRT stock traded up $0.90 during trading on Thursday, reaching $71.56. 1,837,881 shares of the stock were exchanged, compared to its average volume of 6,557,640. The business has a 50 day moving average price of $75.02 and a 200-day moving average price of $68.86. SPDR S&P Retail ETF has a 1 year low of $56.20 and a 1 year high of $79.12. The firm has a market capitalization of $457.98 million, a price-to-earnings ratio of 12.75 and a beta of 1.20.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. FMR LLC boosted its position in shares of SPDR S&P Retail ETF by 42.3% during the 1st 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. Private Wealth Management Group LLC acquired a new position in SPDR S&P Retail ETF during the fourth quarter worth $37,000. Comerica Bank purchased a new position in shares of SPDR S&P Retail ETF during the third quarter worth $55,000. VitalStone Financial LLC acquired a new stake in shares of SPDR S&P Retail ETF in the fourth quarter valued at $57,000. Finally, Private Trust Co. NA purchased a new stake in shares of SPDR S&P Retail ETF in the 4th quarter valued at $59,000.

About SPDR S&P Retail ETF

(Get Free Report)

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.