SPDR S&P Retail ETF Target of Unusually High Options Trading (NYSEARCA:XRT)

SPDR S&P Retail ETF (NYSEARCA:XRT) saw some unusual options trading on Monday. Traders acquired 31,108 call options on the company. This is an increase of approximately 88% compared to the typical daily volume of 16,545 call options.

SPDR S&P Retail ETF Trading Up 3.7 %

Shares of XRT opened at $84.03 on Tuesday. The stock has a market cap of $710.05 million, a P/E ratio of 12.74 and a beta of 1.20. SPDR S&P Retail ETF has a 1 year low of $63.01 and a 1 year high of $84.84. The stock’s 50-day moving average price is $77.10 and its two-hundred day moving average price is $76.06.

Hedge Funds Weigh In On SPDR S&P Retail ETF

Institutional investors have recently modified their holdings of the business. International Assets Investment Management LLC bought a new stake in shares of SPDR S&P Retail ETF in the second quarter valued at about $52,000. Aptus Capital Advisors LLC lifted its stake in SPDR S&P Retail ETF by 36.3% in the 2nd quarter. Aptus Capital Advisors LLC now owns 759 shares of the exchange traded fund’s stock valued at $57,000 after acquiring an additional 202 shares in the last quarter. Headlands Technologies LLC acquired a new position in SPDR S&P Retail ETF during the 2nd quarter worth approximately $72,000. FMR LLC grew its stake in shares of SPDR S&P Retail ETF by 13.3% during the 3rd quarter. FMR LLC now owns 1,829 shares of the exchange traded fund’s stock worth $142,000 after acquiring an additional 214 shares in the last quarter. Finally, DRW Securities LLC acquired a new stake in shares of SPDR S&P Retail ETF in the third quarter valued at approximately $263,000.

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.