Stock Traders Buy High Volume of SPDR S&P Retail ETF Call Options (NYSEARCA:XRT)

SPDR S&P Retail ETF (NYSEARCA:XRT) was the target of unusually large options trading on Monday. Traders bought 31,108 call options on the company. This represents an increase of approximately 88% compared to the typical daily volume of 16,545 call options.

SPDR S&P Retail ETF Price Performance

Shares of NYSEARCA:XRT traded up $3.41 on Monday, reaching $84.46. The company’s stock had a trading volume of 4,188,379 shares, compared to its average volume of 5,497,234. SPDR S&P Retail ETF has a 52-week low of $63.01 and a 52-week high of $84.51. The stock’s 50-day moving average is $77.10 and its two-hundred day moving average is $76.06. The stock has a market capitalization of $713.69 million, a P/E ratio of 12.74 and a beta of 1.20.

Hedge Funds Weigh In On SPDR S&P Retail ETF

Several hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC purchased a new stake in SPDR S&P Retail ETF in the 2nd quarter worth approximately $52,000. Aptus Capital Advisors LLC grew its stake in SPDR S&P Retail ETF by 36.3% during the second quarter. Aptus Capital Advisors LLC now owns 759 shares of the exchange traded fund’s stock worth $57,000 after buying an additional 202 shares during the period. Headlands Technologies LLC acquired a new stake in shares of SPDR S&P Retail ETF in the second quarter worth $72,000. FMR LLC raised its stake in shares of SPDR S&P Retail ETF by 13.3% in the 3rd quarter. FMR LLC now owns 1,829 shares of the exchange traded fund’s stock valued at $142,000 after acquiring an additional 214 shares during the period. Finally, DRW Securities LLC acquired a new position in shares of SPDR S&P Retail ETF during the 3rd quarter valued at $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.