Broad Peak Investment Advisers Pte Ltd Acquires New Position in SPDR S&P Retail ETF $XRT

Broad Peak Investment Advisers Pte Ltd acquired a new stake in SPDR S&P Retail ETF (NYSEARCA:XRT) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 78,800 shares of the exchange traded fund’s stock, valued at approximately $6,072,000. SPDR S&P Retail ETF comprises about 1.9% of Broad Peak Investment Advisers Pte Ltd’s investment portfolio, making the stock its 12th biggest position. Broad Peak Investment Advisers Pte Ltd owned about 2.46% of SPDR S&P Retail ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of XRT. SG Americas Securities LLC raised its position in shares of SPDR S&P Retail ETF by 51.8% in the 1st quarter. SG Americas Securities LLC now owns 13,126 shares of the exchange traded fund’s stock valued at $907,000 after purchasing an additional 4,481 shares during the last quarter. CX Institutional raised its position in shares of SPDR S&P Retail ETF by 2,518.4% in the 1st quarter. CX Institutional now owns 1,283 shares of the exchange traded fund’s stock valued at $89,000 after purchasing an additional 1,234 shares during the last quarter. Econ Financial Services Corp raised its position in shares of SPDR S&P Retail ETF by 67.8% in the 1st quarter. Econ Financial Services Corp now owns 14,961 shares of the exchange traded fund’s stock valued at $1,034,000 after purchasing an additional 6,045 shares during the last quarter. Golden State Wealth Management LLC raised its position in shares of SPDR S&P Retail ETF by 99.0% in the 1st quarter. Golden State Wealth Management LLC now owns 1,039 shares of the exchange traded fund’s stock valued at $72,000 after purchasing an additional 517 shares during the last quarter. Finally, McGuire Investment Group LLC purchased a new position in shares of SPDR S&P Retail ETF in the 1st quarter valued at approximately $207,000.

SPDR S&P Retail ETF Trading Up 3.3%

XRT opened at $83.63 on Tuesday. SPDR S&P Retail ETF has a 12-month low of $61.33 and a 12-month high of $89.41. The firm has a market capitalization of $313.61 million, a PE ratio of 14.70 and a beta of 1.31. The firm has a 50 day moving average of $85.09 and a two-hundred day moving average of $78.15.

SPDR S&P Retail ETF 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.