Worthington Financial Partners LLC Makes New $696,000 Investment in SPDR S&P Telecom ETF $XTL

Worthington Financial Partners LLC bought a new position in shares of SPDR S&P Telecom ETF (NYSEARCA:XTL) in the fourth quarter, Holdings Channel reports. The fund bought 4,545 shares of the company’s stock, valued at approximately $696,000.

Other institutional investors also recently modified their holdings of the company. Jones Financial Companies Lllp grew its stake in shares of SPDR S&P Telecom ETF by 119.2% in the third quarter. Jones Financial Companies Lllp now owns 423 shares of the company’s stock valued at $59,000 after acquiring an additional 230 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in SPDR S&P Telecom ETF in the 4th quarter worth about $80,000. International Assets Investment Management LLC bought a new stake in SPDR S&P Telecom ETF in the 4th quarter valued at about $131,000. Harbour Investments Inc. bought a new stake in SPDR S&P Telecom ETF in the 4th quarter valued at about $150,000. Finally, NewEdge Advisors LLC bought a new stake in SPDR S&P Telecom ETF in the 4th quarter valued at about $212,000.

SPDR S&P Telecom ETF Price Performance

Shares of NYSEARCA:XTL opened at $220.57 on Friday. The company’s 50 day moving average price is $225.16 and its two-hundred day moving average price is $189.72. SPDR S&P Telecom ETF has a 12-month low of $109.25 and a 12-month high of $247.62. The firm has a market cap of $765.38 million, a PE ratio of 17.49 and a beta of 1.14.

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.