Avior Wealth Management LLC Purchases 3,707 Shares of SPDR S&P Telecom ETF $XTL

Avior Wealth Management LLC purchased a new position in SPDR S&P Telecom ETF (NYSEARCA:XTL) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,707 shares of the company’s stock, valued at approximately $752,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. NewEdge Advisors LLC increased its position in SPDR S&P Telecom ETF by 413.8% during the second quarter. NewEdge Advisors LLC now owns 10,163 shares of the company’s stock valued at $2,312,000 after acquiring an additional 8,185 shares during the last quarter. Corient Private Wealth LP purchased a new stake in shares of SPDR S&P Telecom ETF in the second quarter valued at $239,000. Ameritas Advisory Services LLC purchased a new stake in shares of SPDR S&P Telecom ETF in the second quarter valued at $218,000. Compass Financial Management LLC purchased a new stake in shares of SPDR S&P Telecom ETF in the second quarter valued at $1,121,000. Finally, Integrity Financial Corp WA bought a new stake in shares of SPDR S&P Telecom ETF in the 2nd quarter worth about $100,000.

SPDR S&P Telecom ETF Trading Up 0.2%

SPDR S&P Telecom ETF stock opened at $192.68 on Friday. SPDR S&P Telecom ETF has a 12-month low of $131.25 and a 12-month high of $247.62. The firm has a 50-day moving average price of $209.06 and a 200-day moving average price of $215.30. The firm has a market capitalization of $491.33 million, a PE ratio of 17.49 and a beta of 1.17.

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.