Econ Financial Services Corp Acquires New Stake in SPDR S&P Retail ETF (NYSEARCA:XRT)

Econ Financial Services Corp bought a new position in SPDR S&P Retail ETF (NYSEARCA:XRT) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 8,916 shares of the exchange traded fund’s stock, valued at approximately $710,000. Econ Financial Services Corp owned 0.11% of SPDR S&P Retail ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. FMR LLC lifted its holdings in SPDR S&P Retail ETF by 13.3% during the 3rd quarter. FMR LLC now owns 1,829 shares of the exchange traded fund’s stock valued at $142,000 after buying an additional 214 shares in the last quarter. U.S. Capital Wealth Advisors LLC bought a new stake in shares of SPDR S&P Retail ETF during the fourth quarter valued at approximately $225,000. DRW Securities LLC purchased a new stake in shares of SPDR S&P Retail ETF in the third quarter valued at approximately $263,000. Geneos Wealth Management Inc. grew its stake in 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 in the last quarter. Finally, Quantbot Technologies LP increased its holdings in SPDR S&P Retail ETF by 263.7% during the 3rd quarter. Quantbot Technologies LP now owns 4,350 shares of the exchange traded fund’s stock worth $338,000 after purchasing an additional 3,154 shares during the period.

SPDR S&P Retail ETF Trading Up 1.2 %

Shares of XRT stock opened at $79.75 on Wednesday. SPDR S&P Retail ETF has a twelve month low of $69.00 and a twelve month high of $84.84. The stock has a fifty day simple moving average of $80.85 and a two-hundred day simple moving average of $77.98. The stock has a market capitalization of $673.89 million, a price-to-earnings ratio of 12.74 and a beta of 1.20.

About SPDR S&P Retail ETF

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.