Insiders Buy the Holdings of SPDR S&P Retail ETF (XRT)

From ETF Channel: A look at the weighted underlying holdings of the SPDR S&P Retail ETF (Symbol: XRT) shows an impressive 10.1% of holdings on a weighted basis have experienced insider buying within the past six months.

Sally Beauty Holdings Inc (Symbol: SBH), which makes up 1.52% of the SPDR S&P Retail ETF (Symbol: XRT), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $8,956,441 worth of SBH, making it the #3 largest holding. The table below details the recent insider buying activity observed at SBH:

SBH — last trade: $20.63 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
08/15/2018 Christian A. Brickman President & CEO 16,000 $13.90 $222,432
11/13/2018 Aaron E. Alt SVP, CFO & President-SBS 2,400 $20.75 $49,790

And Dollar Tree Inc (Symbol: DLTR), the #18 largest holding among components of the SPDR S&P Retail ETF (Symbol: XRT), shows 3 directors and officers as recently filing Form 4’s indicating purchases. The ETF holds $7,815,549 worth of DLTR, which represents approximately 1.32% of the ETF’s total assets at last check. The recent insider buying activity observed at DLTR is detailed in the table below:

DLTR — last trade: $84.20 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
06/04/2018 Lemuel E. Lewis Director 2,500 $80.44 $201,088
06/05/2018 Jeffrey G. Naylor Director 3,000 $82.08 $246,230
06/18/2018 Thomas E. Whiddon Director 2,250 $88.78 $199,755
09/27/2018 Lemuel E. Lewis Director 1,210 $82.75 $100,128

The SPDR S&P Retail ETF (XRT) was trading at $45.51 per share on Monday afternoon, down $0.95 (-2.04%). Year-to-date, XRT has gained 1.02%, versus a 1.13% rise in the benchmark S&P 500 index during the same period.

XRT currently has an ETF Daily News SMART Grade of A (Strong Buy), and is ranked #4 of 41 ETFs in the Consumer-Focused ETFs category.


This article is brought to you courtesy of ETF Channel.