SPDR S&P Retail ETF Target of Unusually High Options Trading (NYSEARCA:XRT)

SPDR S&P Retail ETF (NYSEARCA:XRT) was the target of unusually large options trading on Tuesday. Stock investors purchased 34,121 put options on the company. This is an increase of approximately 145% compared to the typical daily volume of 13,932 put options.

SPDR S&P Retail ETF Price Performance

Shares of XRT traded down $2.00 during midday trading on Tuesday, hitting $85.59. 2,429,148 shares of the company traded hands, compared to its average volume of 5,121,093. The stock has a 50-day moving average of $88.48 and a 200-day moving average of $85.39. SPDR S&P Retail ETF has a one year low of $77.24 and a one year high of $93.52. The firm has a market cap of $308.12 million, a P/E ratio of 14.70 and a beta of 1.15.

Hedge Funds Weigh In On SPDR S&P Retail ETF

Several hedge funds have recently bought and sold shares of the company. Jones Financial Companies Lllp lifted its stake in SPDR S&P Retail ETF by 1,891.6% in the 1st quarter. Jones Financial Companies Lllp now owns 14,479 shares of the exchange traded fund’s stock worth $1,000,000 after purchasing an additional 13,752 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of SPDR S&P Retail ETF by 8.4% in the second quarter. Cetera Investment Advisers now owns 3,497 shares of the exchange traded fund’s stock worth $269,000 after purchasing an additional 272 shares during the period. Quantbot Technologies LP purchased a new stake in shares of SPDR S&P Retail ETF in the second quarter worth $262,000. Qube Research & Technologies Ltd raised its position in shares of SPDR S&P Retail ETF by 10,587.2% in the second quarter. Qube Research & Technologies Ltd now owns 5,023 shares of the exchange traded fund’s stock worth $387,000 after buying an additional 4,976 shares in the last quarter. Finally, Armistice Capital LLC bought a new stake in SPDR S&P Retail ETF during the second quarter valued at $375,000.

About SPDR S&P Retail ETF