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

SPDR S&P Retail ETF (NYSEARCA:XRT) was the target of some unusual options trading activity on Monday. Investors purchased 31,108 call options on the stock. This is an increase of approximately 88% compared to the average volume of 16,545 call options.

Institutional Trading of SPDR S&P Retail ETF

Several large investors have recently modified their holdings of XRT. Bayesian Capital Management LP raised its stake in shares of SPDR S&P Retail ETF by 82.1% in the 1st quarter. Bayesian Capital Management LP now owns 5,100 shares of the exchange traded fund’s stock valued at $403,000 after purchasing an additional 2,300 shares in the last quarter. Jane Street Group LLC raised its position in shares of SPDR S&P Retail ETF by 224.6% during the 1st quarter. Jane Street Group LLC now owns 394,423 shares of the exchange traded fund’s stock valued at $31,155,000 after acquiring an additional 272,912 shares in the last quarter. Tidal Investments LLC bought a new position in SPDR S&P Retail ETF during the first quarter worth $570,000. Continuum Wealth Advisors LLC acquired a new position in SPDR S&P Retail ETF in the first quarter worth $5,217,000. Finally, Worth Asset Management LLC increased its stake in SPDR S&P Retail ETF by 3.5% during the second quarter. Worth Asset Management LLC now owns 9,258 shares of the exchange traded fund’s stock valued at $694,000 after purchasing an additional 313 shares during the last quarter.

SPDR S&P Retail ETF Stock Down 1.5 %

XRT opened at $82.74 on Wednesday. The company has a market cap of $699.15 million, a P/E ratio of 12.74 and a beta of 1.20. The company has a 50 day moving average of $77.27 and a two-hundred day moving average of $76.13. SPDR S&P Retail ETF has a 52-week low of $63.01 and a 52-week high of $84.84.

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.