Bank of America Corp DE Boosts Stock Position in SPDR S&P Transportation ETF (NYSEARCA:XTN)

Bank of America Corp DE raised its stake in SPDR S&P Transportation ETF (NYSEARCA:XTNGet Rating) by 41.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,859,145 shares of the company’s stock after purchasing an additional 1,725,313 shares during the period. Bank of America Corp DE owned 62.40% of SPDR S&P Transportation ETF worth $521,815,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Prospera Financial Services Inc purchased a new position in SPDR S&P Transportation ETF in the first quarter valued at about $61,000. Ellis Investment Partners LLC purchased a new stake in shares of SPDR S&P Transportation ETF during the first quarter worth about $64,000. Joseph P. Lucia & Associates LLC purchased a new stake in shares of SPDR S&P Transportation ETF during the first quarter worth about $87,000. Benjamin F. Edwards & Company Inc. grew its stake in shares of SPDR S&P Transportation ETF by 171.4% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,900 shares of the company’s stock worth $169,000 after acquiring an additional 1,200 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of SPDR S&P Transportation ETF by 13.7% during the first quarter. Cetera Investment Advisers now owns 2,493 shares of the company’s stock worth $222,000 after acquiring an additional 301 shares during the last quarter.

SPDR S&P Transportation ETF Stock Performance

Shares of XTN stock opened at $69.24 on Friday. SPDR S&P Transportation ETF has a fifty-two week low of $66.42 and a fifty-two week high of $100.95. The stock’s 50-day simple moving average is $74.62 and its 200-day simple moving average is $77.39.

Further Reading

Institutional Ownership by Quarter for SPDR S&P Transportation ETF (NYSEARCA:XTN)

Receive News & Ratings for SPDR S&P Transportation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Transportation ETF and related companies with MarketBeat.com's FREE daily email newsletter.