Stock Traders Buy High Volume of Put Options on SPDR S&P Retail ETF (NYSEARCA:XRT)

SPDR S&P Retail ETF (NYSEARCA:XRT) was the recipient of unusually large options trading on Thursday. Investors bought 32,678 put options on the company. This represents an increase of 78% compared to the typical volume of 18,346 put options.

Hedge Funds Weigh In On SPDR S&P Retail ETF

A number of hedge funds have recently modified their holdings of XRT. Phoenix Financial Ltd. increased its position in SPDR S&P Retail ETF by 65.7% in the 4th quarter. Phoenix Financial Ltd. now owns 1,929,130 shares of the exchange traded fund’s stock worth $153,539,000 after purchasing an additional 765,000 shares during the last quarter. Susquehanna Advisors Group Inc. acquired a new position in shares of SPDR S&P Retail ETF during the 4th quarter worth $59,692,000. Wells Fargo & Company MN raised its holdings in shares of SPDR S&P Retail ETF by 164.4% during the 4th 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 lifted its stake in shares of SPDR S&P Retail ETF by 1,670.3% in the 4th 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 during the last quarter. Finally, Itau Unibanco Holding S.A. bought a new stake in SPDR S&P Retail ETF in the fourth quarter worth $15,450,000.

SPDR S&P Retail ETF Stock Performance

Shares of XRT opened at $64.89 on Friday. The company has a market capitalization of $308.23 million, a PE ratio of 13.74 and a beta of 1.34. The company’s 50 day moving average price is $73.91 and its 200 day moving average price is $77.24. SPDR S&P Retail ETF has a 52 week low of $62.66 and a 52 week high of $84.84.

SPDR S&P Retail ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were issued a dividend of $0.1806 per share. The ex-dividend date of this dividend was Monday, March 24th.

About SPDR S&P Retail ETF

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.