Econ Financial Services Corp Buys Shares of 8,916 SPDR S&P Retail ETF (NYSEARCA:XRT)

Econ Financial Services Corp purchased a new position in SPDR S&P Retail ETF (NYSEARCA:XRT) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 8,916 shares of the exchange traded fund’s stock, valued at approximately $710,000.

A number of other hedge funds have also recently made changes to their positions in XRT. U.S. Capital Wealth Advisors LLC bought a new position in SPDR S&P Retail ETF in the fourth quarter worth about $225,000. Geneos Wealth Management Inc. lifted its position in SPDR S&P Retail ETF by 536.5% during the fourth 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 during the last quarter. SG Americas Securities LLC boosted its stake in SPDR S&P Retail ETF by 22.9% in the fourth quarter. SG Americas Securities LLC now owns 8,645 shares of the exchange traded fund’s stock valued at $688,000 after acquiring an additional 1,612 shares in the last quarter. Walleye Capital LLC grew its holdings in SPDR S&P Retail ETF by 108.3% in the third quarter. Walleye Capital LLC now owns 10,039 shares of the exchange traded fund’s stock worth $780,000 after purchasing an additional 130,858 shares during the last quarter. Finally, FMR LLC increased its position in shares of 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 purchasing an additional 214 shares in the last quarter.

SPDR S&P Retail ETF Trading Up 1.2 %

Shares of XRT opened at $79.75 on Wednesday. SPDR S&P Retail ETF has a 12 month low of $69.00 and a 12 month high of $84.84. The stock has a fifty day moving average price of $80.85 and a 200-day moving average price of $77.98. The firm has a market cap of $673.89 million, a PE ratio of 12.74 and a beta of 1.20.

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.