Ellis Investment Partners LLC Sells 1,186 Shares of SPDR S&P Retail ETF (NYSEARCA:XRT)

Ellis Investment Partners LLC reduced its stake in SPDR S&P Retail ETF (NYSEARCA:XRT) by 6.1% during the third quarter, according to its most recent filing with the SEC. The fund owned 18,168 shares of the exchange traded fund’s stock after selling 1,186 shares during the quarter. Ellis Investment Partners LLC’s holdings in SPDR S&P Retail ETF were worth $1,411,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in SPDR S&P Retail ETF by 44.7% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 9,544,000 shares of the exchange traded fund’s stock valued at $715,609,000 after purchasing an additional 2,950,000 shares during the last quarter. Armistice Capital LLC purchased a new position in shares of SPDR S&P Retail ETF during the 2nd quarter valued at $658,000. Oppenheimer & Co. Inc. bought a new position in shares of SPDR S&P Retail ETF during the 1st quarter worth $589,000. Headlands Technologies LLC purchased a new stake in SPDR S&P Retail ETF in the 2nd quarter worth about $72,000. Finally, Janney Montgomery Scott LLC raised its stake in SPDR S&P Retail ETF by 133.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 6,568 shares of the exchange traded fund’s stock valued at $519,000 after acquiring an additional 3,754 shares during the period.

SPDR S&P Retail ETF Stock Performance

NYSEARCA XRT traded down $0.24 during trading on Friday, hitting $75.50. 3,136,621 shares of the company’s stock traded hands, compared to its average volume of 5,605,461. The stock has a market capitalization of $637.98 million, a price-to-earnings ratio of 12.74 and a beta of 1.20. The business has a 50 day moving average of $76.04 and a 200-day moving average of $75.24. SPDR S&P Retail ETF has a 12-month low of $57.59 and a 12-month high of $80.10.

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.