Risk Paradigm Group LLC Makes New Investment in SPDR S&P Transportation ETF $XTN

Risk Paradigm Group LLC acquired a new position in shares of SPDR S&P Transportation ETF (NYSEARCA:XTN) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 11,569 shares of the company’s stock, valued at approximately $1,338,000. Risk Paradigm Group LLC owned about 0.33% of SPDR S&P Transportation ETF at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. SHP Wealth Management acquired a new stake in SPDR S&P Transportation ETF during the 4th quarter worth $35,000. Steward Partners Investment Advisory LLC boosted its stake in SPDR S&P Transportation ETF by 98.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 517 shares of the company’s stock valued at $47,000 after acquiring an additional 257 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in SPDR S&P Transportation ETF by 41.5% in the third quarter. JPMorgan Chase & Co. now owns 634 shares of the company’s stock valued at $53,000 after acquiring an additional 186 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of SPDR S&P Transportation ETF by 48.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 691 shares of the company’s stock worth $63,000 after purchasing an additional 226 shares during the last quarter. Finally, Access Investment Management LLC purchased a new position in shares of SPDR S&P Transportation ETF during the first quarter worth about $74,000.

SPDR S&P Transportation ETF Stock Performance

XTN opened at $106.57 on Monday. The business’s 50-day simple moving average is $112.55 and its 200-day simple moving average is $106.24. SPDR S&P Transportation ETF has a one year low of $79.18 and a one year high of $120.89. The stock has a market capitalization of $378.32 million, a P/E ratio of 16.16 and a beta of 1.37.

SPDR S&P Transportation ETF Company 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.