Traders Sell SPDR S&P Retail (ETF) (XRT) on Strength (XRT)
Investors sold shares of SPDR S&P Retail (ETF) (NYSE:XRT) on strength during trading on Friday. $19.28 million flowed into the stock on the tick-up and $60.27 million flowed out of the stock on the tick-down, for a money net flow of $40.99 million out of the stock. Of all companies tracked, SPDR S&P Retail (ETF) had the 0th highest net out-flow for the day. SPDR S&P Retail (ETF) traded up $0.75 for the day and closed at $44.83
A number of analysts have commented on the stock. Piper Jaffray Cos. reiterated a “neutral” rating on shares of SPDR S&P Retail (ETF) in a report on Tuesday, July 26th. Cowen and Company reissued a “market perform” rating on shares of SPDR S&P Retail (ETF) in a research note on Tuesday, July 26th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold”.
The firm’s 50 day moving average is $43.26 and its 200-day moving average is $43.02.
A hedge fund recently raised its stake in SPDR S&P Retail (ETF) stock. Toth Financial boosted its stake in shares of SPDR S&P Retail (ETF) (NYSE:XRT) by 1.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 105,727 shares of the company’s stock after buying an additional 1,726 shares during the period. SPDR S&P Retail (ETF) comprises about 1.5% of Toth Financial’s portfolio, making the stock its 28th largest position. Toth Financial’s holdings in SPDR S&P Retail (ETF) were worth $4,572,000 as of its most recent SEC filing.
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.
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