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

SPDR S&P Retail ETF (NYSEARCA:XRT) was the target of some unusual options trading on Friday. Stock traders acquired 21,747 put options on the stock. This represents an increase of approximately 182% compared to the average volume of 7,719 put options.

Hedge Funds Weigh In On SPDR S&P Retail ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Centaurus Financial Inc. lifted its position in SPDR S&P Retail ETF by 17.9% during the first quarter. Centaurus Financial Inc. now owns 1,861 shares of the exchange traded fund’s stock worth $150,000 after acquiring an additional 282 shares during the last quarter. Western Wealth Management LLC bought a new position in SPDR S&P Retail ETF in the 1st quarter valued at about $55,000. Manchester Capital Management LLC acquired a new position in SPDR S&P Retail ETF during the third quarter valued at approximately $58,000. Fifth Third Bancorp bought a new stake in shares of SPDR S&P Retail ETF during the 1st quarter worth $71,000. Finally, Headlands Technologies LLC bought a new stake in shares of SPDR S&P Retail ETF during the 2nd quarter valued at approximately $212,000.

SPDR S&P Retail ETF Trading Down 1.7%

Shares of SPDR S&P Retail ETF stock traded down $1.49 during trading on Friday, reaching $87.63. The stock had a trading volume of 2,722,367 shares, compared to its average volume of 4,863,156. The company has a market capitalization of $337.38 million, a price-to-earnings ratio of 14.70 and a beta of 1.16. The stock has a fifty day moving average price of $85.21 and a two-hundred day moving average price of $85.72. SPDR S&P Retail ETF has a 52 week low of $77.24 and a 52 week high of $93.52.

SPDR S&P Retail ETF Company Profile