Commonwealth Equity Services LLC Trims Stake in SPDR S&P Retail ETF (NYSEARCA:XRT)

Commonwealth Equity Services LLC lessened its holdings in shares of SPDR S&P Retail ETF (NYSEARCA:XRT) by 5.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 5,578 shares of the exchange traded fund’s stock after selling 344 shares during the quarter. Commonwealth Equity Services LLC’s holdings in SPDR S&P Retail ETF were worth $444,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of XRT. Golden State Wealth Management LLC bought a new stake in shares of SPDR S&P Retail ETF during the 4th quarter worth approximately $42,000. FMR LLC increased its stake in 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 purchasing an additional 214 shares during the period. U.S. Capital Wealth Advisors LLC bought a new stake in shares of SPDR S&P Retail ETF during the fourth quarter worth $225,000. Fairvoy Private Wealth LLC purchased a new stake in shares of SPDR S&P Retail ETF during the fourth quarter valued at $280,000. Finally, Geneos Wealth Management Inc. grew its holdings in shares of SPDR S&P Retail ETF by 536.5% in the fourth quarter. Geneos Wealth Management Inc. now owns 3,730 shares of the exchange traded fund’s stock worth $297,000 after purchasing an additional 3,144 shares during the last quarter.

SPDR S&P Retail ETF Price Performance

Shares of XRT opened at $64.89 on Friday. The firm has a market capitalization of $308.23 million, a price-to-earnings ratio of 13.74 and a beta of 1.34. SPDR S&P Retail ETF has a 1-year low of $62.66 and a 1-year high of $84.84. The company has a 50-day moving average of $73.91 and a 200 day moving average of $77.24.

SPDR S&P Retail ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were paid a dividend of $0.1806 per share. The ex-dividend date was Monday, March 24th.

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.