Raymond James Financial Services Advisors Inc. decreased its stake in shares of SPDR S&P Transportation ETF (NYSEARCA:XTN – Free Report) by 10.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,021 shares of the company’s stock after selling 964 shares during the quarter. Raymond James Financial Services Advisors Inc. owned about 0.26% of SPDR S&P Transportation ETF worth $670,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. raised its position in SPDR S&P Transportation ETF by 177.7% in the first quarter. Ameriprise Financial Inc. now owns 52,047 shares of the company’s stock valued at $3,748,000 after purchasing an additional 33,307 shares during the period. IMC Chicago LLC purchased a new stake in SPDR S&P Transportation ETF in the third quarter valued at $1,943,000. Citadel Advisors LLC purchased a new stake in SPDR S&P Transportation ETF in the third quarter valued at $1,450,000. CX Institutional purchased a new stake in SPDR S&P Transportation ETF in the third quarter valued at $1,704,000. Finally, Qube Research & Technologies Ltd raised its position in SPDR S&P Transportation ETF by 1,208.1% in the third quarter. Qube Research & Technologies Ltd now owns 23,140 shares of the company’s stock valued at $1,734,000 after purchasing an additional 21,371 shares during the period.
SPDR S&P Transportation ETF Stock Down 1.3 %
NYSEARCA:XTN opened at $77.71 on Thursday. SPDR S&P Transportation ETF has a 52 week low of $66.75 and a 52 week high of $88.14. The company has a market capitalization of $176.40 million, a P/E ratio of 11.60 and a beta of 1.27. The stock’s fifty day moving average is $82.21 and its two-hundred day moving average is $78.60.
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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