Blue Capital Inc. Sells 2,954 Shares of SPDR S&P Telecom ETF $XTL

Blue Capital Inc. lessened its stake in shares of SPDR S&P Telecom ETF (NYSEARCA:XTL) by 22.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 10,004 shares of the company’s stock after selling 2,954 shares during the period. Blue Capital Inc. owned approximately 0.32% of SPDR S&P Telecom ETF worth $1,881,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of XTL. Kestra Advisory Services LLC purchased a new stake in shares of SPDR S&P Telecom ETF in the fourth quarter valued at $80,000. International Assets Investment Management LLC bought a new position in SPDR S&P Telecom ETF during the 4th quarter valued at about $131,000. Harbour Investments Inc. bought a new position in SPDR S&P Telecom ETF during the 4th quarter valued at about $150,000. Envestnet Asset Management Inc. purchased a new stake in SPDR S&P Telecom ETF in the 2nd quarter worth about $200,000. Finally, NewEdge Advisors LLC purchased a new stake in SPDR S&P Telecom ETF in the 4th quarter worth about $212,000.

SPDR S&P Telecom ETF Price Performance

Shares of NYSEARCA XTL opened at $216.23 on Friday. The company has a market cap of $702.75 million, a P/E ratio of 17.49 and a beta of 1.15. SPDR S&P Telecom ETF has a 1 year low of $114.88 and a 1 year high of $247.62. The firm has a 50-day simple moving average of $226.24 and a two-hundred day simple moving average of $194.34.

About SPDR S&P Telecom ETF

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.