Kovitz Investment Group Partners LLC Raises Stake in SPDR S&P Retail ETF (NYSEARCA:XRT)

Kovitz Investment Group Partners LLC grew its stake in SPDR S&P Retail ETF (NYSEARCA:XRT) by 720.1% during the 4th quarter, HoldingsChannel reports. The firm owned 24,233 shares of the exchange traded fund’s stock after buying an additional 21,278 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in SPDR S&P Retail ETF were worth $1,929,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. SG Americas Securities LLC grew its position in shares of SPDR S&P Retail ETF by 22.9% in the fourth quarter. SG Americas Securities LLC now owns 8,645 shares of the exchange traded fund’s stock valued at $688,000 after purchasing an additional 1,612 shares during the period. Geneos Wealth Management Inc. boosted its position in SPDR S&P Retail ETF by 536.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 3,730 shares of the exchange traded fund’s stock worth $297,000 after acquiring an additional 3,144 shares during the last quarter. U.S. Capital Wealth Advisors LLC acquired a new position in SPDR S&P Retail ETF in the 4th quarter valued at about $225,000. Econ Financial Services Corp acquired a new position in SPDR S&P Retail ETF in the 4th quarter valued at about $710,000. Finally, Fairvoy Private Wealth LLC acquired a new position in SPDR S&P Retail ETF in the 4th quarter valued at about $280,000.

SPDR S&P Retail ETF Price Performance

NYSEARCA:XRT opened at $68.67 on Tuesday. The firm has a market capitalization of $278.11 million, a price-to-earnings ratio of 13.46 and a beta of 1.34. The company’s 50-day moving average is $69.10 and its two-hundred day moving average is $75.98. SPDR S&P Retail ETF has a 1-year low of $61.33 and a 1-year high of $84.84.

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.