Blue Capital Inc. purchased a new stake in shares of SPDR S&P Telecom ETF (NYSEARCA:XTL – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,788 shares of the company’s stock, valued at approximately $1,148,000.
Several other large investors have also recently modified their holdings of the stock. Ameritas Advisory Services LLC bought a new stake in shares of SPDR S&P Telecom ETF in the 2nd quarter valued at about $97,000. Envestnet Asset Management Inc. bought a new position in SPDR S&P Telecom ETF during the 2nd quarter worth approximately $200,000. Roman Butler Fullerton & Co. purchased a new position in SPDR S&P Telecom ETF in the 2nd quarter worth approximately $603,000. Steward Partners Investment Advisory LLC lifted its position in SPDR S&P Telecom ETF by 4.1% in the second quarter. Steward Partners Investment Advisory LLC now owns 11,970 shares of the company’s stock valued at $1,404,000 after purchasing an additional 466 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in shares of SPDR S&P Telecom ETF by 9,344.3% during the first 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 period.
SPDR S&P Telecom ETF Stock Performance
Shares of SPDR S&P Telecom ETF stock opened at $152.98 on Friday. SPDR S&P Telecom ETF has a 52-week low of $84.68 and a 52-week high of $160.08. The company’s 50 day moving average price is $147.78 and its 200-day moving average price is $131.91. The stock has a market capitalization of $198.87 million, a price-to-earnings ratio of 17.49 and a beta of 1.11.
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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