Stock Traders Buy High Volume of SPDR S&P Retail ETF Call Options (NYSEARCA:XRT)

SPDR S&P Retail ETF (NYSEARCA:XRTGet Free Report) was the target of some unusual options trading on Tuesday. Investors purchased 30,489 call options on the company. This represents an increase of 123% compared to the average volume of 13,675 call options.

SPDR S&P Retail ETF Price Performance

NYSEARCA:XRT traded up $1.86 on Tuesday, reaching $88.80. 3,586,603 shares of the company’s stock were exchanged, compared to its average volume of 3,821,675. The firm has a market cap of $528.35 million, a price-to-earnings ratio of 14.70 and a beta of 1.24. The stock has a fifty day simple moving average of $83.91 and a 200-day simple moving average of $83.41. SPDR S&P Retail ETF has a 52 week low of $61.33 and a 52 week high of $89.41.

Institutional Investors Weigh In On SPDR S&P Retail ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of XRT. Envestnet Asset Management Inc. purchased a new stake in SPDR S&P Retail ETF during the 2nd quarter worth about $219,000. Ellis Investment Partners LLC increased its position in shares of SPDR S&P Retail ETF by 12.6% during the second quarter. Ellis Investment Partners LLC now owns 21,654 shares of the exchange traded fund’s stock valued at $1,669,000 after buying an additional 2,428 shares during the period. Truist Financial Corp purchased a new stake in shares of SPDR S&P Retail ETF in the second quarter worth about $214,000. Broad Peak Investment Advisers Pte Ltd purchased a new stake in shares of SPDR S&P Retail ETF in the second quarter worth about $6,072,000. Finally, XTX Topco Ltd bought a new position in shares of SPDR S&P Retail ETF in the second quarter valued at approximately $659,000.

SPDR S&P Retail ETF Company Profile

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Further Reading

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