UBS Group AG boosted its position in shares of SPDR S&P Telecom ETF (NYSEARCA:XTL – Free Report) by 184.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,178 shares of the company’s stock after acquiring an additional 33,851 shares during the quarter. UBS Group AG owned 3.48% of SPDR S&P Telecom ETF worth $7,995,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in XTL. Jones Financial Companies Lllp increased its stake in shares of SPDR S&P Telecom ETF by 119.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 423 shares of the company’s stock worth $59,000 after purchasing an additional 230 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in SPDR S&P Telecom ETF in the 4th quarter valued at about $253,000. Envestnet Asset Management Inc. acquired a new stake in SPDR S&P Telecom ETF in the 2nd quarter valued at about $200,000. Avior Wealth Management LLC bought a new position in SPDR S&P Telecom ETF during the fourth quarter worth about $501,000. Finally, Arkadios Wealth Advisors bought a new position in SPDR S&P Telecom ETF during the third quarter worth about $621,000.
SPDR S&P Telecom ETF Stock Down 0.8%
Shares of NYSEARCA XTL opened at $224.20 on Tuesday. The business’s 50 day moving average price is $205.90 and its two-hundred day moving average price is $175.41. The company has a market cap of $777.97 million, a PE ratio of 17.49 and a beta of 1.14. SPDR S&P Telecom ETF has a twelve month low of $101.24 and a twelve month high of $232.59.
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.
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