NBC Securities Inc. Makes New Investment in SPDR S&P Transportation ETF (NYSEARCA:XTN)

NBC Securities Inc. bought a new position in shares of SPDR S&P Transportation ETF (NYSEARCA:XTN) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 905 shares of the company’s stock, valued at approximately $66,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in XTN. Jones Financial Companies Lllp boosted its stake in SPDR S&P Transportation ETF by 93.0% during the 4th quarter. Jones Financial Companies Lllp now owns 413 shares of the company’s stock worth $36,000 after purchasing an additional 199 shares during the last quarter. J.W. Cole Advisors Inc. acquired a new stake in SPDR S&P Transportation ETF during the 4th quarter worth $208,000. Independent Advisor Alliance acquired a new stake in SPDR S&P Transportation ETF during the 4th quarter worth $291,000. Total Wealth Planning & Management Inc. acquired a new stake in SPDR S&P Transportation ETF during the 4th quarter worth $313,000. Finally, Sovran Advisors LLC acquired a new stake in SPDR S&P Transportation ETF during the 4th quarter worth $362,000.

SPDR S&P Transportation ETF Trading Down 1.9%

Shares of XTN stock opened at $78.54 on Thursday. The company’s 50-day moving average price is $72.70 and its 200-day moving average price is $81.17. The stock has a market cap of $197.92 million, a price-to-earnings ratio of 16.67 and a beta of 1.40. SPDR S&P Transportation ETF has a twelve month low of $61.95 and a twelve month high of $95.62.

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.