Investors Purchase High Volume of SPDR S&P Retail ETF Put Options (NYSEARCA:XRT)

SPDR S&P Retail ETF (NYSEARCA:XRT) saw some unusual options trading on Thursday. Stock traders purchased 32,678 put options on the stock. This is an increase of approximately 78% compared to the typical volume of 18,346 put options.

SPDR S&P Retail ETF Stock Down 7.2 %

XRT traded down $5.17 during midday trading on Thursday, hitting $66.26. 8,744,663 shares of the company were exchanged, compared to its average volume of 5,309,920. The firm’s 50 day moving average price is $74.51 and its 200-day moving average price is $77.39. SPDR S&P Retail ETF has a 1-year low of $64.96 and a 1-year high of $84.84. The firm has a market capitalization of $314.74 million, a P/E ratio of 13.74 and a beta of 1.34.

SPDR S&P Retail ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were paid a $0.1806 dividend. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Investors Weigh In On SPDR S&P Retail ETF

A number of hedge funds have recently added to or reduced their stakes in XRT. Quantbot Technologies LP boosted its stake in SPDR S&P Retail ETF by 263.7% during the 3rd quarter. Quantbot Technologies LP now owns 4,350 shares of the exchange traded fund’s stock valued at $338,000 after purchasing an additional 3,154 shares during the last quarter. FMR LLC grew its holdings in SPDR S&P Retail ETF by 13.3% during the third quarter. FMR LLC now owns 1,829 shares of the exchange traded fund’s stock worth $142,000 after buying an additional 214 shares in the last quarter. Walleye Capital LLC grew its holdings in SPDR S&P Retail ETF by 108.3% during the third quarter. Walleye Capital LLC now owns 10,039 shares of the exchange traded fund’s stock worth $780,000 after buying an additional 130,858 shares in the last quarter. SG Americas Securities LLC raised its position in SPDR S&P Retail ETF by 22.9% in the 4th quarter. SG Americas Securities LLC now owns 8,645 shares of the exchange traded fund’s stock valued at $688,000 after buying an additional 1,612 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in SPDR S&P Retail ETF by 536.5% during the 4th quarter. Geneos Wealth Management Inc. now owns 3,730 shares of the exchange traded fund’s stock valued at $297,000 after acquiring an additional 3,144 shares in the last quarter.

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.