SPDR S&P Retail ETF (NYSEARCA:XRT) Hits New 12-Month High – What’s Next?

SPDR S&P Retail ETF (NYSEARCA:XRT)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $91.65 and last traded at $90.7110, with a volume of 618449 shares trading hands. The stock had previously closed at $90.39.

SPDR S&P Retail ETF Trading Down 0.1%

The firm has a 50-day moving average of $85.98 and a two-hundred day moving average of $84.35. The firm has a market cap of $754.12 million, a price-to-earnings ratio of 14.70 and a beta of 1.24.

Institutional Investors Weigh In On SPDR S&P Retail ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. raised its stake in SPDR S&P Retail ETF by 12,256.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 882,222 shares of the exchange traded fund’s stock valued at $76,030,000 after purchasing an additional 875,082 shares during the last quarter. BlueCrest Capital Management Ltd bought a new position in shares of SPDR S&P Retail ETF during the 3rd quarter worth about $11,159,000. Maven Securities LTD raised its position in shares of SPDR S&P Retail ETF by 249.4% during the third quarter. Maven Securities LTD now owns 33,112 shares of the exchange traded fund’s stock valued at $2,854,000 after buying an additional 23,636 shares during the last quarter. Castleark Management LLC raised its position in shares of SPDR S&P Retail ETF by 19.5% during the third quarter. Castleark Management LLC now owns 188,220 shares of the exchange traded fund’s stock valued at $16,221,000 after buying an additional 30,740 shares during the last quarter. Finally, Armistice Capital LLC lifted its stake in shares of SPDR S&P Retail ETF by 90.2% in the third quarter. Armistice Capital LLC now owns 9,262 shares of the exchange traded fund’s stock valued at $798,000 after buying an additional 4,392 shares during the period.

About SPDR S&P Retail ETF