SPDR S&P Retail ETF (NYSEARCA:XRT) Sets New 52-Week High – Still a Buy?

SPDR S&P Retail ETF (NYSEARCA:XRTGet Free Report) reached a new 52-week high on Wednesday . The company traded as high as $92.94 and last traded at $91.40, with a volume of 5319350 shares changing hands. The stock had previously closed at $91.52.

SPDR S&P Retail ETF Stock Performance

The firm has a 50-day moving average of $86.36 and a 200-day moving average of $85.40. The firm has a market capitalization of $534.69 million, a P/E ratio of 14.70 and a beta of 1.16.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in XRT. Jones Financial Companies Lllp grew its holdings in SPDR S&P Retail ETF by 1,891.6% in the 1st quarter. Jones Financial Companies Lllp now owns 14,479 shares of the exchange traded fund’s stock worth $1,000,000 after acquiring an additional 13,752 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of SPDR S&P Retail ETF by 8.4% during the second quarter. Cetera Investment Advisers now owns 3,497 shares of the exchange traded fund’s stock valued at $269,000 after acquiring an additional 272 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of SPDR S&P Retail ETF during the second quarter worth about $262,000. Qube Research & Technologies Ltd grew its stake in shares of SPDR S&P Retail ETF by 10,587.2% in the second quarter. Qube Research & Technologies Ltd now owns 5,023 shares of the exchange traded fund’s stock worth $387,000 after purchasing an additional 4,976 shares during the last quarter. Finally, Armistice Capital LLC bought a new stake in shares of SPDR S&P Retail ETF in the second quarter worth about $375,000.

About SPDR S&P Retail ETF

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Further Reading

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