SPDR S&P Transportation ETF (NYSEARCA:XTN) Stake Lowered by Fmr LLC

Fmr LLC trimmed its position in shares of SPDR S&P Transportation ETF (NYSEARCA:XTN) by 36.2% in the 3rd quarter, Holdings Channel.com reports. The fund owned 950 shares of the company’s stock after selling 538 shares during the quarter. Fmr LLC’s holdings in SPDR S&P Transportation ETF were worth $78,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC acquired a new position in SPDR S&P Transportation ETF in the second quarter worth approximately $31,000. Ashton Thomas Private Wealth LLC bought a new position in shares of SPDR S&P Transportation ETF during the 2nd quarter valued at $38,000. CX Institutional acquired a new stake in shares of SPDR S&P Transportation ETF in the 3rd quarter valued at $267,000. M3 Advisory Group LLC boosted its holdings in SPDR S&P Transportation ETF by 4.3% in the third quarter. M3 Advisory Group LLC now owns 5,685 shares of the company’s stock worth $469,000 after purchasing an additional 234 shares in the last quarter. Finally, Moss Adams Wealth Advisors LLC acquired a new position in SPDR S&P Transportation ETF during the third quarter worth $3,842,000.

SPDR S&P Transportation ETF Price Performance

NYSEARCA XTN opened at $87.35 on Wednesday. The firm has a market cap of $195.66 million, a P/E ratio of 11.07 and a beta of 1.27. The stock’s 50-day moving average is $89.31 and its two-hundred day moving average is $82.17. SPDR S&P Transportation ETF has a fifty-two week low of $71.84 and a fifty-two week high of $95.62.

SPDR S&P Transportation ETF Profile

The SPDR S&P Transportation ETF (XTN) is an exchange-traded fund that is based on the S&P Transportation Select Industry index. The fund tracks a broad-based, equal-weighted index of US stocks in the transportation industry. XTN was launched on Jan 26, 2011 and is managed by State Street.