4,097 Shares in SPDR S&P Telecom ETF $XTL Purchased by Simplex Trading LLC

Simplex Trading LLC purchased a new stake in shares of SPDR S&P Telecom ETF (NYSEARCA:XTL) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 4,097 shares of the company’s stock, valued at approximately $832,000.

A number of other institutional investors also recently modified their holdings of XTL. NewEdge Advisors LLC lifted its stake in shares of SPDR S&P Telecom ETF by 413.8% in the second quarter. NewEdge Advisors LLC now owns 10,163 shares of the company’s stock worth $2,312,000 after buying an additional 8,185 shares during the last quarter. Financial Management Professionals Inc. acquired a new position in SPDR S&P Telecom ETF in the 3rd quarter valued at $1,518,000. Compass Financial Management LLC acquired a new position in SPDR S&P Telecom ETF in the 2nd quarter valued at $1,121,000. Bank of America Corp DE raised its holdings in SPDR S&P Telecom ETF by 6.5% in the 1st quarter. Bank of America Corp DE now owns 80,922 shares of the company’s stock worth $15,218,000 after acquiring an additional 4,960 shares during the period. Finally, Geneos Wealth Management Inc. bought a new position in SPDR S&P Telecom ETF in the 1st quarter worth $2,066,000.

SPDR S&P Telecom ETF Price Performance

SPDR S&P Telecom ETF stock opened at $184.89 on Tuesday. The firm has a market cap of $443.74 million, a price-to-earnings ratio of 17.49 and a beta of 1.22. SPDR S&P Telecom ETF has a fifty-two week low of $131.25 and a fifty-two week high of $247.62. The firm has a fifty day moving average price of $199.49 and a two-hundred day moving average price of $204.59.

SPDR S&P Telecom ETF 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.