Fisher Asset Management LLC Trims Stake in SPDR S&P Retail ETF (NYSEARCA:XRT)

Fisher Asset Management LLC reduced its position in SPDR S&P Retail ETF (NYSEARCA:XRT) by 2.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,064,770 shares of the exchange traded fund’s stock after selling 27,513 shares during the quarter. Fisher Asset Management LLC owned 15.89% of SPDR S&P Retail ETF worth $77,004,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of SPDR S&P Retail ETF by 22.0% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 8,003,000 shares of the exchange traded fund’s stock worth $487,063,000 after purchasing an additional 1,445,000 shares in the last quarter. Qube Research & Technologies Ltd boosted its holdings in SPDR S&P Retail ETF by 3,234.1% during the 3rd quarter. Qube Research & Technologies Ltd now owns 193,113 shares of the exchange traded fund’s stock valued at $11,753,000 after acquiring an additional 187,321 shares during the period. Q3 Asset Management purchased a new stake in SPDR S&P Retail ETF during the 4th quarter valued at about $9,834,000. Belpointe Asset Management LLC bought a new position in SPDR S&P Retail ETF during the 4th quarter valued at approximately $6,261,000. Finally, Tower Research Capital LLC TRC raised its position in SPDR S&P Retail ETF by 948.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 61,620 shares of the exchange traded fund’s stock valued at $4,456,000 after purchasing an additional 55,742 shares during the last quarter.

SPDR S&P Retail ETF Price Performance

XRT opened at $74.79 on Monday. The business has a 50 day simple moving average of $74.44 and a two-hundred day simple moving average of $73.11. The firm has a market capitalization of $631.98 million, a price-to-earnings ratio of 12.74 and a beta of 1.20. SPDR S&P Retail ETF has a one year low of $57.48 and a one year high of $80.10.

SPDR S&P Retail ETF 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.