Ameritas Advisory Services LLC acquired a new position in SPDR S&P Telecom ETF (NYSEARCA:XTL – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 827 shares of the company’s stock, valued at approximately $97,000.
Several other institutional investors and hedge funds have also made changes to their positions in XTL. Cetera Investment Advisers raised its stake in SPDR S&P Telecom ETF by 0.5% in the 1st quarter. Cetera Investment Advisers now owns 35,886 shares of the company’s stock valued at $3,587,000 after purchasing an additional 173 shares during the last quarter. Jones Financial Companies Lllp raised its stake in SPDR S&P Telecom ETF by 9,344.3% in the 1st quarter. Jones Financial Companies Lllp now owns 20,872 shares of the company’s stock valued at $2,086,000 after purchasing an additional 20,651 shares during the last quarter. LPL Financial LLC raised its stake in SPDR S&P Telecom ETF by 8.5% in the 1st quarter. LPL Financial LLC now owns 105,544 shares of the company’s stock valued at $10,549,000 after purchasing an additional 8,293 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in SPDR S&P Telecom ETF by 5.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 57,765 shares of the company’s stock valued at $5,774,000 after purchasing an additional 2,771 shares during the last quarter. Finally, SFI Advisors LLC raised its stake in SPDR S&P Telecom ETF by 3.0% in the 1st quarter. SFI Advisors LLC now owns 56,451 shares of the company’s stock valued at $5,642,000 after purchasing an additional 1,636 shares during the last quarter.
SPDR S&P Telecom ETF Trading Down 4.6%
Shares of XTL stock opened at $145.32 on Friday. The firm has a 50-day moving average price of $135.53 and a 200 day moving average price of $116.09. SPDR S&P Telecom ETF has a twelve month low of $84.68 and a twelve month high of $153.50. The company has a market capitalization of $159.85 million, a price-to-earnings ratio of 17.49 and a beta of 1.01.
About SPDR S&P Telecom ETF
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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