Geneos Wealth Management Inc. lowered its position in SPDR S&P Transportation ETF (NYSEARCA:XTN – Free Report) by 19.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,525 shares of the company’s stock after selling 625 shares during the period. Geneos Wealth Management Inc. owned 0.10% of SPDR S&P Transportation ETF worth $186,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sovran Advisors LLC boosted its holdings in SPDR S&P Transportation ETF by 4.3% in the first quarter. Sovran Advisors LLC now owns 4,228 shares of the company’s stock worth $287,000 after acquiring an additional 175 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings in SPDR S&P Transportation ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 400 shares of the company’s stock worth $30,000 after acquiring an additional 200 shares in the last quarter. SVB Wealth LLC bought a new position in SPDR S&P Transportation ETF in the first quarter worth approximately $50,000. NBC Securities Inc. bought a new position in SPDR S&P Transportation ETF in the first quarter worth approximately $66,000. Finally, Total Wealth Planning & Management Inc. bought a new position in SPDR S&P Transportation ETF in the fourth quarter worth approximately $313,000.
SPDR S&P Transportation ETF Stock Performance
Shares of NYSEARCA:XTN opened at $85.81 on Wednesday. The business’s 50 day simple moving average is $84.95 and its two-hundred day simple moving average is $78.40. The firm has a market cap of $148.45 million, a P/E ratio of 16.16 and a beta of 1.33. SPDR S&P Transportation ETF has a 52-week low of $61.95 and a 52-week high of $95.62.
About SPDR S&P Transportation ETF
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.
Featured Stories
- Five stocks we like better than SPDR S&P Transportation ETF
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Is It Time to Trim Your Positions in These 2 AI Stocks?
- Insider Trades May Not Tell You What You Think
- These 3 Tech Stocks Just Supercharged Their Buybacks
- Transportation Stocks Investing
- 3 Dividend Stocks to Hold Through Market Volatility This Fall
Want to see what other hedge funds are holding XTN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Transportation ETF (NYSEARCA:XTN – Free Report).
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.
