SPDR S&P Retail ETF (NYSEARCA:XRT) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

SPDR S&P Retail ETF (NYSEARCA:XRT) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $84.81 and traded as low as $81.52. SPDR S&P Retail ETF shares last traded at $81.66, with a volume of 8,026,021 shares trading hands.

SPDR S&P Retail ETF Stock Performance

The company has a 50 day moving average of $82.89 and a 200 day moving average of $84.81. The stock has a market capitalization of $249.06 million, a price-to-earnings ratio of 14.70 and a beta of 1.20.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in XRT. Healthcare of Ontario Pension Plan Trust Fund raised its stake in SPDR S&P Retail ETF by 16.0% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 11,121,000 shares of the exchange traded fund’s stock valued at $948,510,000 after purchasing an additional 1,531,000 shares during the last quarter. Clear Street Group Inc. acquired a new position in SPDR S&P Retail ETF in the 3rd quarter valued at $103,416,000. Morgan Stanley raised its stake in SPDR S&P Retail ETF by 139.8% in the 4th quarter. Morgan Stanley now owns 1,829,248 shares of the exchange traded fund’s stock valued at $156,017,000 after purchasing an additional 1,066,562 shares during the last quarter. JPMorgan Chase & Co. raised its stake in SPDR S&P Retail ETF by 12,256.1% in 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. Finally, BNP Paribas Financial Markets raised its stake in SPDR S&P Retail ETF by 346.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 976,649 shares of the exchange traded fund’s stock valued at $84,168,000 after purchasing an additional 758,120 shares during the last quarter.

SPDR S&P Retail ETF Company Profile