SPDR S&P Retail ETF (NYSEARCA:XRT) Sets New 1-Year High – Should You Buy?

SPDR S&P Retail ETF (NYSEARCA:XRT)’s share price reached a new 52-week high on Thursday . The company traded as high as $91.65 and last traded at $90.7110, with a volume of 618449 shares. The stock had previously closed at $90.39.

SPDR S&P Retail ETF Trading Down 0.9%

The firm has a market cap of $666.45 million, a PE ratio of 14.70 and a beta of 1.24. The firm has a fifty day simple moving average of $86.34 and a two-hundred day simple moving average of $84.45.

Hedge Funds Weigh In On SPDR S&P Retail ETF

A number of institutional investors have recently bought and sold shares of XRT. Clear Street Group Inc. purchased a new position in SPDR S&P Retail ETF during the third quarter valued at $103,416,000. Clear Street LLC grew its stake in shares of SPDR S&P Retail ETF by 1,150.0% in the second quarter. Clear Street LLC now owns 1,250,000 shares of the exchange traded fund’s stock worth $96,325,000 after acquiring an additional 1,150,000 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of SPDR S&P Retail ETF by 12,256.1% during the third quarter. JPMorgan Chase & Co. now owns 882,222 shares of the exchange traded fund’s stock valued at $76,030,000 after acquiring an additional 875,082 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of SPDR S&P Retail ETF by 346.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 976,649 shares of the exchange traded fund’s stock worth $84,168,000 after purchasing an additional 758,120 shares during the last quarter. Finally, Jefferies Financial Group Inc. boosted its stake in SPDR S&P Retail ETF by 191.2% in the 2nd quarter. Jefferies Financial Group Inc. now owns 250,000 shares of the exchange traded fund’s stock worth $19,265,000 after purchasing an additional 524,100 shares in the last quarter.

About SPDR S&P Retail ETF