Cambridge Investment Research Advisors Inc. lessened its holdings in SPDR S&P Retail (NYSE:XRT) by 5.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,011 shares of the exchange traded fund’s stock after selling 629 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in SPDR S&P Retail were worth $448,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Almanack Investment Partners LLC. acquired a new stake in shares of SPDR S&P Retail in the 1st quarter valued at $164,000. ING Groep NV acquired a new stake in shares of SPDR S&P Retail in the 2nd quarter valued at $204,000. Cowen Group Inc. acquired a new stake in shares of SPDR S&P Retail in the 1st quarter valued at $211,000. Lazard Asset Management LLC acquired a new stake in shares of SPDR S&P Retail in the 1st quarter valued at $515,000. Finally, Point72 Asset Management L.P. lifted its stake in shares of SPDR S&P Retail by 106.6% in the 1st quarter. Point72 Asset Management L.P. now owns 15,000 shares of the exchange traded fund’s stock valued at $634,000 after purchasing an additional 243,000 shares during the last quarter.
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Shares of SPDR S&P Retail (XRT) opened at 40.95 on Wednesday. The company has a 50 day moving average of $39.84 and a 200 day moving average of $41.07. SPDR S&P Retail has a 1-year low of $37.72 and a 1-year high of $48.26.
SPDR S&P Retail 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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