Renaissance Technologies LLC Lowers Stock Holdings in SPDR S&P Retail ETF (NYSEARCA:XRT)

Renaissance Technologies LLC cut its stake in shares of SPDR S&P Retail ETF (NYSEARCA:XRT) by 22.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 95,800 shares of the exchange traded fund’s stock after selling 28,393 shares during the quarter. Renaissance Technologies LLC’s holdings in SPDR S&P Retail ETF were worth $7,625,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. FMR LLC raised its holdings in shares of SPDR S&P Retail ETF by 13.3% in the third quarter. FMR LLC now owns 1,829 shares of the exchange traded fund’s stock worth $142,000 after buying an additional 214 shares during the last quarter. SG Americas Securities LLC lifted its position in SPDR S&P Retail ETF by 22.9% during the 4th quarter. SG Americas Securities LLC now owns 8,645 shares of the exchange traded fund’s stock worth $688,000 after acquiring an additional 1,612 shares during the period. Geneos Wealth Management Inc. grew its stake in SPDR S&P Retail ETF by 536.5% during the 4th quarter. Geneos Wealth Management Inc. now owns 3,730 shares of the exchange traded fund’s stock valued at $297,000 after purchasing an additional 3,144 shares during the last quarter. U.S. Capital Wealth Advisors LLC purchased a new stake in SPDR S&P Retail ETF in the fourth quarter valued at approximately $225,000. Finally, Econ Financial Services Corp purchased a new position in shares of SPDR S&P Retail ETF during the fourth quarter worth $710,000.

SPDR S&P Retail ETF Stock Performance

Shares of SPDR S&P Retail ETF stock opened at $66.50 on Friday. SPDR S&P Retail ETF has a fifty-two week low of $61.33 and a fifty-two week high of $84.84. The company has a market cap of $315.88 million, a P/E ratio of 13.74 and a beta of 1.34. The firm has a 50-day simple moving average of $70.48 and a two-hundred day simple moving average of $76.30.

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.