Investors Purchase High Volume of SPDR S&P Retail ETF Put Options (NYSEARCA:XRT)

SPDR S&P Retail ETF (NYSEARCA:XRT) was the recipient of some unusual options trading on Thursday. Stock traders purchased 32,678 put options on the company. This is an increase of approximately 78% compared to the average volume of 18,346 put options.

Institutional Trading of SPDR S&P Retail ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Natixis acquired a new stake in SPDR S&P Retail ETF during the fourth quarter valued at approximately $34,000. Golden State Wealth Management LLC bought a new position in shares of SPDR S&P Retail ETF during the 4th quarter worth approximately $42,000. FMR LLC boosted its stake in SPDR S&P Retail ETF by 13.3% in the 3rd quarter. FMR LLC now owns 1,829 shares of the exchange traded fund’s stock valued at $142,000 after buying an additional 214 shares in the last quarter. U.S. Capital Wealth Advisors LLC bought a new stake in SPDR S&P Retail ETF in the fourth quarter valued at $225,000. Finally, Fairvoy Private Wealth LLC acquired a new position in SPDR S&P Retail ETF during the fourth quarter worth $280,000.

SPDR S&P Retail ETF Stock Performance

Shares of XRT opened at $64.89 on Friday. The company has a 50-day simple moving average of $73.91 and a 200-day simple moving average of $77.24. SPDR S&P Retail ETF has a 52 week low of $62.66 and a 52 week high of $84.84. The firm has a market capitalization of $308.23 million, a P/E ratio of 13.74 and a beta of 1.34.

SPDR S&P Retail ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were given a dividend of $0.1806 per share. The ex-dividend date of this dividend was Monday, March 24th.

About SPDR S&P Retail ETF

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.