SPDR S&P Retail ETF (NYSEARCA:XRT) Share Price Passes Above 200 Day Moving Average – What’s Next?

SPDR S&P Retail ETF (NYSEARCA:XRT)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $75.43 and traded as high as $77.27. SPDR S&P Retail ETF shares last traded at $77.27, with a volume of 2,620,707 shares trading hands.

SPDR S&P Retail ETF Trading Up 1.5 %

The firm has a market capitalization of $652.93 million, a P/E ratio of 12.74 and a beta of 1.20. The firm has a 50 day moving average price of $75.85 and a 200-day moving average price of $75.48.

Institutional Investors Weigh In On SPDR S&P Retail ETF

Institutional investors have recently modified their holdings of the stock. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of SPDR S&P Retail ETF by 44.7% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 9,544,000 shares of the exchange traded fund’s stock worth $715,609,000 after buying an additional 2,950,000 shares during the period. Mirae Asset Securities USA Inc. purchased a new stake in shares of SPDR S&P Retail ETF in the second quarter worth approximately $97,474,000. Mizuho Securities USA LLC purchased a new stake in shares of SPDR S&P Retail ETF in the first quarter worth approximately $75,040,000. Jane Street Group LLC raised its holdings in shares of SPDR S&P Retail ETF by 224.6% in the first quarter. Jane Street Group LLC now owns 394,423 shares of the exchange traded fund’s stock worth $31,155,000 after buying an additional 272,912 shares during the period. Finally, SG Americas Securities LLC raised its holdings in shares of SPDR S&P Retail ETF by 3,705.2% in the first quarter. SG Americas Securities LLC now owns 263,470 shares of the exchange traded fund’s stock worth $20,811,000 after buying an additional 256,546 shares during the period.

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.