SPDR S&P Retail ETF Target of Unusually Large Options Trading (NYSEARCA:XRT)

SPDR S&P Retail ETF (NYSEARCA:XRT) saw some unusual options trading activity on Monday. Stock investors purchased 31,108 call options on the stock. This is an increase of approximately 88% compared to the typical volume of 16,545 call options.

Institutional Trading of SPDR S&P Retail ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Bayesian Capital Management LP lifted its stake in SPDR S&P Retail ETF by 82.1% in the first quarter. Bayesian Capital Management LP now owns 5,100 shares of the exchange traded fund’s stock valued at $403,000 after buying an additional 2,300 shares during the last quarter. Jane Street Group LLC boosted its stake in SPDR S&P Retail ETF by 224.6% during the 1st quarter. Jane Street Group LLC now owns 394,423 shares of the exchange traded fund’s stock valued at $31,155,000 after purchasing an additional 272,912 shares during the period. Tidal Investments LLC bought a new position in SPDR S&P Retail ETF in the 1st quarter worth about $570,000. Continuum Wealth Advisors LLC acquired a new stake in shares of SPDR S&P Retail ETF in the first quarter valued at approximately $5,217,000. Finally, Worth Asset Management LLC increased its position in shares of SPDR S&P Retail ETF by 3.5% during the 2nd quarter. Worth Asset Management LLC now owns 9,258 shares of the exchange traded fund’s stock valued at $694,000 after purchasing an additional 313 shares during the period.

SPDR S&P Retail ETF Stock Up 4.2 %

Shares of SPDR S&P Retail ETF stock traded up $3.41 on Monday, hitting $84.46. 4,188,379 shares of the company’s stock traded hands, compared to its average volume of 5,497,234. The firm’s 50-day moving average is $77.10 and its 200 day moving average is $76.06. The stock has a market cap of $713.69 million, a P/E ratio of 12.74 and a beta of 1.20. SPDR S&P Retail ETF has a 52-week low of $63.01 and a 52-week high of $84.51.

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.