SPDR S&P Retail ETF Sees Unusually High Options Volume (NYSEARCA:XRT)

SPDR S&P Retail ETF (NYSEARCA:XRT) was the recipient of unusually large options trading on Wednesday. Stock traders bought 25,724 call options on the stock. This is an increase of 46% compared to the typical volume of 17,560 call options.

SPDR S&P Retail ETF Price Performance

SPDR S&P Retail ETF stock traded up $1.81 during trading hours on Wednesday, reaching $71.70. The stock had a trading volume of 4,632,280 shares, compared to its average volume of 5,880,416. The company has a market cap of $340.58 million, a price-to-earnings ratio of 13.74 and a beta of 1.34. The business’s 50 day moving average price is $74.66 and its 200-day moving average price is $77.43. SPDR S&P Retail ETF has a 52 week low of $66.07 and a 52 week high of $84.84.

SPDR S&P Retail ETF Cuts Dividend

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

Institutional Investors Weigh In On SPDR S&P Retail ETF

Several institutional investors have recently bought and sold shares of XRT. Quantbot Technologies LP raised its stake in SPDR S&P Retail ETF by 263.7% in the third quarter. Quantbot Technologies LP now owns 4,350 shares of the exchange traded fund’s stock valued at $338,000 after buying an additional 3,154 shares during the last quarter. FMR LLC increased its holdings in shares of SPDR S&P Retail ETF by 13.3% during the third quarter. FMR LLC now owns 1,829 shares of the exchange traded fund’s stock valued at $142,000 after acquiring an additional 214 shares in the last quarter. Walleye Capital LLC raised its position in shares of SPDR S&P Retail ETF by 108.3% in the 3rd quarter. Walleye Capital LLC now owns 10,039 shares of the exchange traded fund’s stock valued at $780,000 after purchasing an additional 130,858 shares during the last quarter. SG Americas Securities LLC boosted its stake in SPDR S&P Retail ETF by 22.9% in the 4th quarter. SG Americas Securities LLC now owns 8,645 shares of the exchange traded fund’s stock worth $688,000 after purchasing an additional 1,612 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its position in SPDR S&P Retail ETF by 536.5% during the 4th quarter. Geneos Wealth Management Inc. now owns 3,730 shares of the exchange traded fund’s stock worth $297,000 after purchasing an additional 3,144 shares during the last quarter.

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.