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

SPDR S&P Retail ETF (NYSEARCA:XRT) was the recipient of unusually large options trading activity on Wednesday. Investors purchased 36,655 call options on the company. This represents an increase of approximately 129% compared to the average volume of 16,007 call options.

Institutional Trading of SPDR S&P Retail ETF

Hedge funds have recently bought and sold shares of the company. First Horizon Corp acquired a new stake in SPDR S&P Retail ETF during the third quarter worth approximately $26,000. Headlands Technologies LLC acquired a new position in shares of SPDR S&P Retail ETF in the 1st quarter valued at $188,000. Truist Financial Corp acquired a new position in shares of SPDR S&P Retail ETF in the 2nd quarter valued at $214,000. Ameritas Advisory Services LLC acquired a new position in shares of SPDR S&P Retail ETF in the 2nd quarter valued at $216,000. Finally, Envestnet Asset Management Inc. acquired a new position in shares of SPDR S&P Retail ETF in the 2nd quarter valued at $219,000.

SPDR S&P Retail ETF Stock Performance

NYSEARCA XRT traded up $2.25 during mid-day trading on Wednesday, reaching $82.12. 10,524,722 shares of the stock were exchanged, compared to its average volume of 5,826,977. SPDR S&P Retail ETF has a 1-year low of $61.33 and a 1-year high of $89.41. The business’s fifty day simple moving average is $85.31 and its 200 day simple moving average is $80.20. The stock has a market capitalization of $246.36 million, a PE ratio of 14.70 and a beta of 1.24.

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.