SPDR S&P Retail ETF $XRT Shares Newly Acquired by Riverbridge Partners LLC

Riverbridge Partners LLC bought a new stake in SPDR S&P Retail ETF (NYSEARCA:XRT) in the third quarter, Holdings Channel.com reports. The institutional investor bought 6,786 shares of the exchange traded fund’s stock, valued at approximately $557,000.

A number of other institutional investors have also added to or reduced their stakes in XRT. Mirae Asset Securities USA Inc. bought a new position in SPDR S&P Retail ETF in the third quarter worth approximately $106,795,000. Bank of America Corp DE grew its stake in SPDR S&P Retail ETF by 35.3% in the first quarter. Bank of America Corp DE now owns 1,133,562 shares of the exchange traded fund’s stock valued at $91,218,000 after acquiring an additional 295,743 shares during the period. Governors Lane LP acquired a new stake in SPDR S&P Retail ETF in the second quarter valued at approximately $3,266,000. Envestnet Asset Management Inc. bought a new stake in shares of SPDR S&P Retail ETF during the second quarter valued at approximately $2,239,000. Finally, RPg Family Wealth Advisory LLC bought a new stake in shares of SPDR S&P Retail ETF during the second quarter valued at approximately $2,224,000.

SPDR S&P Retail ETF Stock Down 0.1%

Shares of NYSEARCA:XRT opened at $92.37 on Thursday. SPDR S&P Retail ETF has a twelve month low of $77.24 and a twelve month high of $94.93. The stock’s 50 day moving average is $85.88 and its 200-day moving average is $85.70. The firm has a market capitalization of $651.21 million, a price-to-earnings ratio of 14.70 and a beta of 1.16.

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. The Fund’s investment advisor is SSgA Funds Management, Inc.