52,240 SPDR S&P Transportation ETF $XTN Shares Purchased by Element Pointe Advisors LLC
by Mitch Edgeman · The Markets DailyElement Pointe Advisors LLC increased its holdings in shares of SPDR S&P Transportation ETF (NYSEARCA:XTN – Free Report) by 22.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 290,024 shares of the company’s stock after acquiring an additional 52,240 shares during the quarter. SPDR S&P Transportation ETF comprises 4.0% of Element Pointe Advisors LLC’s investment portfolio, making the stock its 6th biggest position. Element Pointe Advisors LLC owned about 9.83% of SPDR S&P Transportation ETF worth $28,399,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. TD Waterhouse Canada Inc. grew its stake in SPDR S&P Transportation ETF by 367.6% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 318 shares of the company’s stock valued at $37,000 after acquiring an additional 250 shares in the last quarter. SHP Wealth Management purchased a new position in SPDR S&P Transportation ETF in the 4th quarter worth approximately $35,000. Access Investment Management LLC purchased a new position in SPDR S&P Transportation ETF in the 1st quarter worth approximately $74,000. Farther Finance Advisors LLC lifted its stake in SPDR S&P Transportation ETF by 373.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,112 shares of the company’s stock worth $109,000 after purchasing an additional 877 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new position in shares of SPDR S&P Transportation ETF during the 1st quarter worth approximately $105,000.
SPDR S&P Transportation ETF Price Performance
Shares of SPDR S&P Transportation ETF stock opened at $98.07 on Thursday. The stock has a market cap of $289.31 million, a P/E ratio of 16.16 and a beta of 1.40. The stock’s 50 day simple moving average is $102.51 and its 200-day simple moving average is $107.40. SPDR S&P Transportation ETF has a 1-year low of $79.18 and a 1-year high of $120.89.
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.
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