4,097 Shares in SPDR S&P Telecom ETF $XTL Acquired by Simplex Trading LLC

Simplex Trading LLC acquired a new stake in shares of SPDR S&P Telecom ETF (NYSEARCA:XTL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,097 shares of the company’s stock, valued at approximately $832,000. Simplex Trading LLC owned approximately 0.17% of SPDR S&P Telecom ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in XTL. Parkway Wealth Management Group LLC grew its position in SPDR S&P Telecom ETF by 1.5% in the third quarter. Parkway Wealth Management Group LLC now owns 129,331 shares of the company’s stock worth $26,253,000 after acquiring an additional 1,888 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of SPDR S&P Telecom ETF by 6.5% during the 1st quarter. Bank of America Corp DE now owns 80,922 shares of the company’s stock valued at $15,218,000 after purchasing an additional 4,960 shares in the last quarter. MinichMacGregor Wealth Management LLC raised its holdings in shares of SPDR S&P Telecom ETF by 3.2% during the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 80,468 shares of the company’s stock valued at $16,334,000 after purchasing an additional 2,472 shares in the last quarter. Hsbc Holdings PLC acquired a new stake in shares of SPDR S&P Telecom ETF in the 1st quarter valued at $4,628,000. Finally, Geneos Wealth Management Inc. acquired a new stake in shares of SPDR S&P Telecom ETF in the 1st quarter valued at $2,066,000.

SPDR S&P Telecom ETF Trading Up 5.4%

Shares of NYSEARCA:XTL opened at $184.89 on Tuesday. The stock has a market capitalization of $443.74 million, a PE ratio of 17.49 and a beta of 1.22. SPDR S&P Telecom ETF has a 1 year low of $131.25 and a 1 year high of $247.62. The firm has a fifty day moving average price of $199.49 and a 200 day moving average price of $204.59.

SPDR S&P Telecom ETF 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.