Retail Sales Lift Sector ETF To All-Time High On Heavy Volume

January 16, 2013

 

The SPDR S&P Retail ETF (NYSEArca: XRT) hit a new all-time volume high after it gained close to 2.0 percent during Tuesday’s trading session as a result of surprisingly strong U.S. retail sales data, according to an article on ETF Trends.

The Commerce Department reported a 0.5 percent increase in retail sales for December, while upwardly revising sales for November and October. As a result, XRT saw over 14 million shares traded during yesterday’s trading session—a significant jump from its three-month average of 4.3 million.

If you’re looking to get exposure to the retail sector, other retail-based ETFs include:

  • Market Vectors Retail ETF (NYSEArca: RTH)
  • PowerShares Dynamic Retail Portfolio (NYSEArca: PMR)
  • Vanguard Consumer Discretionary ETF (NYSEArca: VCR)
  • iShares Dow Jones U.S. Consumer Services Index Fund (NYSEArca: IYC)
  • Consumer Discretionary Select Sector SPDR Fund (NYSEArca: XLY)

 

Visit ETFtrends.com to learn more.

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