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

SPDR S&P Retail ETF (NYSEARCA:XRT) was the target of some unusual options trading on Thursday. Stock traders purchased 30,259 call options on the company. This represents an increase of approximately 64% compared to the typical volume of 18,445 call options.

Hedge Funds Weigh In On SPDR S&P Retail ETF

A number of hedge funds and other institutional investors have recently modified their holdings of XRT. qPULA Trading Management LP purchased a new position in shares of SPDR S&P Retail ETF in the 1st quarter worth approximately $359,000. Renaissance Technologies LLC purchased a new position in shares of SPDR S&P Retail ETF in the 1st quarter worth approximately $2,327,000. Fort Point Capital Partners LLC boosted its stake in shares of SPDR S&P Retail ETF by 32.8% in the 1st quarter. Fort Point Capital Partners LLC now owns 7,046 shares of the exchange traded fund’s stock worth $532,000 after buying an additional 1,740 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of SPDR S&P Retail ETF by 176.1% in the 1st quarter. Royal Bank of Canada now owns 180,536 shares of the exchange traded fund’s stock worth $13,638,000 after buying an additional 417,818 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of SPDR S&P Retail ETF by 205.8% in the 2nd quarter. Jane Street Group LLC now owns 627,127 shares of the exchange traded fund’s stock worth $36,473,000 after buying an additional 1,219,820 shares during the last quarter.

SPDR S&P Retail ETF Stock Up 0.7 %

Shares of NYSEARCA XRT opened at $71.17 on Friday. SPDR S&P Retail ETF has a twelve month low of $56.20 and a twelve month high of $79.12. The stock’s 50 day moving average price is $74.97 and its 200-day moving average price is $68.95. The company has a market capitalization of $455.49 million, a PE ratio of 12.75 and a beta of 1.20.

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.