Sears (SHLD) Spike Could Move XRT
Tweet
Share
E-mail
S&P Retail Select Industry Index ETF (NYSE: XRT) could see action Tuesday, considering a big move in holding Sears Holding (NYSE: SHLD). Sears announced today that they expect to post a first quarter profit, and was up almost 7% in premarket trading.
With only a .71 weighting, Sears isn't a big holding in XRT, but as a sector play XRT makes a lot of sense. Top holding in XRT are GNC Hldgs Inc (NYSE: GNC), Expedia (NASDAQ: EXPE) , Pricemart (NASDAQ: PSMT), Amazon (NASDAQ: AMZN), and Family Dlr. Stores (NYSE: FDO).
With only a .71 weighting, Sears isn't a big holding in XRT, but as a sector play XRT makes a lot of sense. Top holding in XRT are GNC Hldgs Inc (NYSE: GNC), Expedia (NASDAQ: EXPE) , Pricemart (NASDAQ: PSMT), Amazon (NASDAQ: AMZN), and Family Dlr. Stores (NYSE: FDO).
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- QQQI, TUGN lead covered call ETFs paying tax-friendly return of capital
- Mobility Global begins NYSE trading after S&P Global spinoff
- Nike (NKE) PT Lowered to $52 at Barclays
Create E-mail Alert Related Categories
ETFsRelated Entities
Standard & Poor'sSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
