Investors Purchase Large Volume of Put Options on SPDR S&P Retail ETF (NYSEARCA:XRT)

SPDR S&P Retail ETF (NYSEARCA:XRT) saw unusually large options trading on Monday. Investors bought 16,995 put options on the stock. This represents an increase of approximately 42% compared to the average volume of 12,008 put options.

SPDR S&P Retail ETF Stock Performance

Shares of XRT stock opened at $75.53 on Tuesday. SPDR S&P Retail ETF has a 52 week low of $70.22 and a 52 week high of $84.84. The stock has a market capitalization of $638.23 million, a PE ratio of 12.74 and a beta of 1.20. The stock’s fifty day moving average is $79.50 and its 200-day moving average is $78.31.

Hedge Funds Weigh In On SPDR S&P Retail ETF

Several large investors have recently made changes to their positions in XRT. Phoenix Financial Ltd. lifted its stake in SPDR S&P Retail ETF by 65.7% in the fourth quarter. Phoenix Financial Ltd. now owns 1,929,130 shares of the exchange traded fund’s stock valued at $153,539,000 after buying an additional 765,000 shares during the period. Susquehanna Advisors Group Inc. bought a new position in SPDR S&P Retail ETF in the fourth quarter valued at $59,692,000. Wells Fargo & Company MN grew its position in SPDR S&P Retail ETF by 164.4% in the fourth quarter. Wells Fargo & Company MN now owns 162,878 shares of the exchange traded fund’s stock valued at $12,963,000 after purchasing an additional 415,616 shares in the last quarter. GTS Securities LLC grew its position in SPDR S&P Retail ETF by 1,670.3% in the fourth quarter. GTS Securities LLC now owns 283,352 shares of the exchange traded fund’s stock valued at $22,552,000 after purchasing an additional 301,397 shares in the last quarter. Finally, Itau Unibanco Holding S.A. acquired a new stake in SPDR S&P Retail ETF in the fourth quarter valued at $15,450,000.

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.