PNC Financial Services Group Inc. Increases Stock Holdings in SPDR S&P Transportation ETF $XTN

PNC Financial Services Group Inc. grew its stake in shares of SPDR S&P Transportation ETF (NYSEARCA:XTN) by 202.5% during the fourth quarter, Holdings Channel reports. The firm owned 8,814 shares of the company’s stock after purchasing an additional 5,900 shares during the period. PNC Financial Services Group Inc.’s holdings in SPDR S&P Transportation ETF were worth $805,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. UBS Group AG grew its position in shares of SPDR S&P Transportation ETF by 332.6% in the 4th quarter. UBS Group AG now owns 59,024 shares of the company’s stock valued at $5,393,000 after buying an additional 45,379 shares during the last quarter. Brookstone Capital Management purchased a new position in shares of SPDR S&P Transportation ETF during the fourth quarter worth about $1,678,000. JPMorgan Chase & Co. increased its position in shares of SPDR S&P Transportation ETF by 41.5% during the third quarter. JPMorgan Chase & Co. now owns 634 shares of the company’s stock worth $53,000 after purchasing an additional 186 shares in the last quarter. Susquehanna International Group LLP increased its position in shares of SPDR S&P Transportation ETF by 306.7% during the third quarter. Susquehanna International Group LLP now owns 25,933 shares of the company’s stock worth $2,174,000 after purchasing an additional 19,556 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in shares of SPDR S&P Transportation ETF by 90.3% in the 3rd quarter. Raymond James Financial Inc. now owns 26,295 shares of the company’s stock valued at $2,205,000 after purchasing an additional 12,475 shares during the last quarter.

SPDR S&P Transportation ETF Stock Up 0.1%

Shares of NYSEARCA XTN opened at $111.63 on Friday. The stock has a market cap of $219.91 million, a PE ratio of 16.16 and a beta of 1.36. SPDR S&P Transportation ETF has a 52-week low of $75.64 and a 52-week high of $120.89. The business has a 50-day moving average price of $102.07 and a 200 day moving average price of $97.11.

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.