Steward Partners Investment Advisory LLC trimmed its holdings in SPDR S&P Telecom ETF (NYSEARCA:XTL – Free Report) by 52.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,615 shares of the company’s stock after selling 12,705 shares during the quarter. Steward Partners Investment Advisory LLC owned 1.50% of SPDR S&P Telecom ETF worth $1,243,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Maia Wealth LLC purchased a new stake in SPDR S&P Telecom ETF during the fourth quarter valued at about $336,000. RPS Advisory Solutions LLC purchased a new stake in SPDR S&P Telecom ETF during the fourth quarter valued at about $1,166,000. Private Advisor Group LLC purchased a new stake in SPDR S&P Telecom ETF during the fourth quarter valued at about $10,862,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in SPDR S&P Telecom ETF during the fourth quarter valued at about $526,000. Finally, Fiduciary Family Office LLC purchased a new stake in SPDR S&P Telecom ETF during the fourth quarter valued at about $13,538,000.
SPDR S&P Telecom ETF Price Performance
Shares of XTL opened at $105.36 on Monday. The company has a market capitalization of $150.66 million, a price-to-earnings ratio of 28.14 and a beta of 1.00. SPDR S&P Telecom ETF has a fifty-two week low of $67.08 and a fifty-two week high of $113.50. The business’s 50-day moving average is $108.39 and its 200-day moving average is $104.77.
SPDR S&P Telecom ETF Company Profile
The SPDR S&P Telecom ETF (XTL) is an exchange-traded fund that is based on the S&P Telecom Select Industry index. The fund tracks an equal-weighted index of US telecom companies selected by the S&P Committee. XTL was launched on Jan 26, 2011 and is managed by State Street.
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