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September 01, 2020 10:18am
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Why Are Investors Dumping an ETF Up Nearly 30% YTD?

The rally in GameStop (NYSE: GME) has helped propel a retail sector-specific exchange traded fund, but investors have been dumping the fund in droves. The SPDR S&P Retail ETF (XRT), which includes a 12.4% position in GME, increased 29.0% year-to-date. Yet XRT has suffered about $700 million in...
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