SPDR S&P Retail ETF (NYSEARCA:XRT) Hits New 12-Month High – Time to Buy?

SPDR S&P Retail ETF (NYSEARCA:XRT)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $89.52 and last traded at $88.7040, with a volume of 107631 shares changing hands. The stock had previously closed at $89.06.

SPDR S&P Retail ETF Price Performance

The company has a fifty day moving average of $83.98 and a two-hundred day moving average of $83.49. The stock has a market capitalization of $525.94 million, a P/E ratio of 14.70 and a beta of 1.24.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Steward Partners Investment Advisory LLC raised its stake in shares of SPDR S&P Retail ETF by 1.6% during the second quarter. Steward Partners Investment Advisory LLC now owns 13,877 shares of the exchange traded fund’s stock valued at $1,069,000 after purchasing an additional 219 shares in the last quarter. Cetera Investment Advisers increased its stake in SPDR S&P Retail ETF by 8.4% during the 2nd quarter. Cetera Investment Advisers now owns 3,497 shares of the exchange traded fund’s stock valued at $269,000 after buying an additional 272 shares during the period. First Horizon Corp acquired a new position in SPDR S&P Retail ETF during the 3rd quarter valued at about $26,000. Ameriprise Financial Inc. raised its position in shares of SPDR S&P Retail ETF by 8.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,083 shares of the exchange traded fund’s stock worth $524,000 after buying an additional 474 shares in the last quarter. Finally, National Bank of Canada FI lifted its stake in shares of SPDR S&P Retail ETF by 370.7% in the 3rd quarter. National Bank of Canada FI now owns 659 shares of the exchange traded fund’s stock worth $57,000 after acquiring an additional 519 shares during the period.

SPDR S&P Retail ETF Company Profile