BNP Paribas Arbitrage SA lowered its stake in SPDR S&P Retail (ETF) (NYSE:XRT) by 2.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,130,230 shares of the company’s stock after selling 72,830 shares during the period. SPDR S&P Retail (ETF) makes up 0.6% of BNP Paribas Arbitrage SA’s 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 large investors have also made changes to their positions in XRT. Landscape Capital Management L.L.C. purchased a new stake in shares of SPDR S&P Retail (ETF) during the first quarter worth approximately $20,394,000. Alpine Partners VI LLC purchased a new stake in shares of SPDR S&P Retail (ETF) during the first quarter worth approximately $1,050,000. Finally, IFP Advisors Inc increased its stake 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 worth $511,000 after buying an additional 7,600 shares during the last quarter.
Shares of SPDR S&P Retail (NYSE:XRT) traded up 1.49% on Friday, reaching $43.55. 3,168,440 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $44.45 and its 200-day moving average price is $43.80. SPDR S&P Retail has a 1-year low of $37.80 and a 1-year high of $47.06.
The business also recently announced a quarterly dividend, which was paid on Monday, September 26th. Stockholders of record on Tuesday, September 20th were given a $0.147 dividend. This represents a $0.59 annualized dividend and a dividend yield of 1.35%. The ex-dividend date of this dividend was Friday, September 16th.
XRT has been the subject of a number of recent analyst reports. Cowen and Company restated a “market perform” rating on shares of SPDR S&P Retail (ETF) in a research report on Tuesday, July 26th. Piper Jaffray Cos. restated a “neutral” rating on shares of SPDR S&P Retail (ETF) in a research report on Tuesday, July 26th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold”.
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.
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