Belpointe Asset Management LLC Takes $75,000 Position in SPDR S&P Retail ETF (NYSEARCA:XRT)

Belpointe Asset Management LLC acquired a new stake in shares of SPDR S&P Retail ETF (NYSEARCA:XRT – Get Rating) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 1,246 shares of the exchange traded fund’s stock, valued at approximately $75,000.

A number of other hedge funds have also recently modified their holdings of XRT. qPULA Trading Management LP bought a new stake in SPDR S&P Retail ETF during the 1st quarter worth approximately $359,000. Renaissance Technologies LLC bought a new stake in SPDR S&P Retail ETF in the 1st quarter valued at $2,327,000. Fort Point Capital Partners LLC increased its holdings in SPDR S&P Retail ETF by 32.8% in the 1st quarter. Fort Point Capital Partners LLC now owns 7,046 shares of the exchange traded fund’s stock valued at $532,000 after acquiring an additional 1,740 shares during the last quarter. Royal Bank of Canada increased its holdings in SPDR S&P Retail ETF by 176.1% in the 1st quarter. Royal Bank of Canada now owns 180,536 shares of the exchange traded fund’s stock valued at $13,638,000 after acquiring an additional 417,818 shares during the last quarter. Finally, Jane Street Group LLC increased its holdings in SPDR S&P Retail ETF by 205.8% in the 2nd quarter. Jane Street Group LLC now owns 627,127 shares of the exchange traded fund’s stock valued at $36,473,000 after acquiring an additional 1,219,820 shares during the last quarter.

SPDR S&P Retail ETF Stock Performance

XRT stock opened at $59.48 on Monday. The firm has a fifty day moving average price of $61.47 and a 200 day moving average price of $64.02. SPDR S&P Retail ETF has a fifty-two week low of $55.32 and a fifty-two week high of $75.79. The firm has a market cap of $353.91 million, a PE ratio of 8.88 and a beta of 1.31.

About SPDR S&P Retail ETF

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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.