SPDR S&P Retail ETF (NYSEARCA:XRT) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

SPDR S&P Retail ETF (NYSEARCA:XRT) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $85.23 and traded as low as $82.43. SPDR S&P Retail ETF shares last traded at $82.73, with a volume of 5,053,084 shares trading hands.

SPDR S&P Retail ETF Trading Down 0.8%

The firm has a 50 day moving average price of $87.94 and a 200-day moving average price of $85.20. The firm has a market cap of $251.36 million, a price-to-earnings ratio of 14.70 and a beta of 1.15.

Hedge Funds Weigh In On SPDR S&P Retail ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of SPDR S&P Retail ETF by 16.0% in the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 11,121,000 shares of the exchange traded fund’s stock valued at $948,510,000 after purchasing an additional 1,531,000 shares during the last quarter. Bank of America Corp DE lifted its stake in SPDR S&P Retail ETF by 35.3% in the 1st quarter. Bank of America Corp DE now owns 1,133,562 shares of the exchange traded fund’s stock valued at $91,218,000 after buying an additional 295,743 shares in the last quarter. Boothbay Fund Management LLC purchased a new stake in SPDR S&P Retail ETF in the 4th quarter valued at approximately $8,296,000. Governors Lane LP purchased a new stake in SPDR S&P Retail ETF in the 2nd quarter valued at approximately $3,266,000. Finally, RPg Family Wealth Advisory LLC acquired a new stake in SPDR S&P Retail ETF during the 2nd quarter valued at $2,224,000.

SPDR S&P Retail ETF Company Profile