RPS Advisory Solutions LLC purchased a new position in SPDR S&P Telecom ETF (NYSEARCA:XTL – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,920 shares of the company’s stock, valued at approximately $601,000. RPS Advisory Solutions LLC owned 0.26% of SPDR S&P Telecom ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently made changes to their positions in the company. Arkadios Wealth Advisors bought a new position in shares of SPDR S&P Telecom ETF in the third quarter worth $621,000. CWM LLC bought a new position in shares of SPDR S&P Telecom ETF in the fourth quarter worth $33,959,000. Avior Wealth Management LLC bought a new position in shares of SPDR S&P Telecom ETF in the fourth quarter worth $501,000. Financial Management Professionals Inc. increased its holdings in shares of SPDR S&P Telecom ETF by 196.4% in the fourth quarter. Financial Management Professionals Inc. now owns 10,246 shares of the company’s stock worth $1,570,000 after purchasing an additional 6,789 shares during the period. Finally, FSA Wealth Partners Inc. bought a new position in shares of SPDR S&P Telecom ETF in the third quarter worth $918,000.
SPDR S&P Telecom ETF Stock Performance
SPDR S&P Telecom ETF stock opened at $223.18 on Wednesday. The stock has a market cap of $774.43 million, a P/E ratio of 17.49 and a beta of 1.14. SPDR S&P Telecom ETF has a fifty-two week low of $101.24 and a fifty-two week high of $232.59. The firm’s fifty day moving average price is $206.72 and its 200-day moving average price is $175.91.
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.
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