SPDR S&P Retail ETF (NYSEARCA:XRT) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

SPDR S&P Retail ETF (NYSEARCA:XRT) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $84.99 and traded as high as $85.96. SPDR S&P Retail ETF shares last traded at $84.99, with a volume of 6,064,911 shares.

SPDR S&P Retail ETF Stock Performance

The firm’s 50 day simple moving average is $83.27 and its 200-day simple moving average is $84.99. The company has a market cap of $259.22 million, a price-to-earnings ratio of 14.70 and a beta of 1.17.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of XRT. Pittenger & Anderson Inc. purchased a new stake in SPDR S&P Retail ETF in the 4th quarter valued at about $29,000. Kestra Advisory Services LLC purchased a new stake in SPDR S&P Retail ETF in the 4th quarter valued at about $52,000. Western Wealth Management LLC purchased a new stake in SPDR S&P Retail ETF in the 1st quarter valued at about $55,000. National Bank of Canada FI increased its stake in SPDR S&P Retail ETF by 370.7% during the third quarter. National Bank of Canada FI now owns 659 shares of the exchange traded fund’s stock worth $57,000 after purchasing an additional 519 shares during the period. Finally, Fifth Third Bancorp purchased a new stake in SPDR S&P Retail ETF during the first quarter worth about $71,000.

SPDR S&P Retail ETF Company Profile