BNP Paribas Financial Markets Sells 2,851 Shares of SPDR S&P Retail ETF (NYSEARCA:XRT)

BNP Paribas Financial Markets lowered its position in SPDR S&P Retail ETF (NYSEARCA:XRT) by 61.5% in the 4th quarter, Holdings Channel reports. The firm owned 1,783 shares of the exchange traded fund’s stock after selling 2,851 shares during the quarter. BNP Paribas Financial Markets’ holdings in SPDR S&P Retail ETF were worth $142,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Natixis purchased a new position in shares of SPDR S&P Retail ETF during the fourth quarter worth approximately $34,000. Golden State Wealth Management LLC purchased a new position in shares of SPDR S&P Retail ETF during the fourth quarter worth approximately $42,000. U.S. Capital Wealth Advisors LLC purchased a new position in shares of SPDR S&P Retail ETF during the fourth quarter worth approximately $225,000. Fairvoy Private Wealth LLC purchased a new position in shares of SPDR S&P Retail ETF during the fourth quarter worth approximately $280,000. Finally, Truist Financial Corp increased its position in shares of SPDR S&P Retail ETF by 33.9% during the fourth quarter. Truist Financial Corp now owns 3,796 shares of the exchange traded fund’s stock worth $302,000 after acquiring an additional 961 shares during the period.

SPDR S&P Retail ETF Stock Performance

Shares of NYSEARCA:XRT opened at $75.94 on Friday. The firm has a market cap of $307.56 million, a PE ratio of 14.37 and a beta of 1.28. The firm’s 50 day simple moving average is $70.08 and its 200-day simple moving average is $75.37. SPDR S&P Retail ETF has a one year low of $61.33 and a one year high of $84.84.

SPDR S&P Retail ETF 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.