Mirae Asset Securities USA Inc. Buys New Shares in SPDR S&P Retail ETF $XRT

Mirae Asset Securities USA Inc. bought a new position in SPDR S&P Retail ETF (NYSEARCA:XRT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,300,000 shares of the exchange traded fund’s stock, valued at approximately $106,795,000. SPDR S&P Retail ETF makes up approximately 3.3% of Mirae Asset Securities USA Inc.’s investment portfolio, making the stock its 4th biggest position. Mirae Asset Securities USA Inc. owned about 0.30% of SPDR S&P Retail ETF at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in shares of SPDR S&P Retail ETF by 35.3% during the 1st quarter. Bank of America Corp DE now owns 1,133,562 shares of the exchange traded fund’s stock worth $91,218,000 after buying an additional 295,743 shares in the last quarter. Boothbay Fund Management LLC acquired a new stake in SPDR S&P Retail ETF in the fourth quarter worth $8,296,000. Governors Lane LP acquired a new stake in SPDR S&P Retail ETF in the second quarter worth $3,266,000. Envestnet Asset Management Inc. acquired a new stake in SPDR S&P Retail ETF in the second quarter worth $2,239,000. Finally, RPg Family Wealth Advisory LLC bought a new stake in SPDR S&P Retail ETF in the second quarter valued at $2,224,000.

SPDR S&P Retail ETF Trading Up 3.7%

Shares of NYSEARCA XRT opened at $87.82 on Friday. The firm’s 50-day moving average price is $85.45 and its 200-day moving average price is $85.46. SPDR S&P Retail ETF has a 1-year low of $77.24 and a 1-year high of $93.52. The firm has a market capitalization of $377.63 million, a P/E ratio of 14.70 and a beta of 1.16.

About SPDR S&P Retail ETF