Trek Financial LLC Takes $4.37 Million Position in SPDR S&P Retail ETF (NYSEARCA:XRT)

Trek Financial LLC acquired a new position in SPDR S&P Retail ETF (NYSEARCA:XRT) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 54,939 shares of the exchange traded fund’s stock, valued at approximately $4,373,000. Trek Financial LLC owned 0.65% of SPDR S&P Retail ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XRT. Wells Fargo & Company MN increased its position in shares of SPDR S&P Retail ETF by 164.4% during the 4th quarter. Wells Fargo & Company MN now owns 162,878 shares of the exchange traded fund’s stock worth $12,963,000 after purchasing an additional 415,616 shares during the last quarter. Walleye Capital LLC raised its stake 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 acquiring an additional 130,858 shares during the period. Blair William & Co. IL acquired a new position in shares of SPDR S&P Retail ETF in the 4th quarter worth approximately $2,606,000. Raymond James Financial Inc. acquired a new position in shares of SPDR S&P Retail ETF in the 4th quarter worth approximately $1,161,000. Finally, LPL Financial LLC boosted its position in shares of SPDR S&P Retail ETF by 16.2% during the 4th quarter. LPL Financial LLC now owns 81,619 shares of the exchange traded fund’s stock worth $6,496,000 after purchasing an additional 11,362 shares during the period.

SPDR S&P Retail ETF Stock Down 1.2 %

Shares of NYSEARCA XRT opened at $64.89 on Friday. The business’s 50 day moving average is $73.91 and its two-hundred day moving average is $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 cap of $308.23 million, a price-to-earnings ratio of 13.74 and a beta of 1.34.

SPDR S&P Retail ETF Cuts Dividend

The company also recently announced 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 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.