Cetera Investment Advisers Increases Position in SPDR S&P Telecom ETF $XTL

Cetera Investment Advisers raised its holdings in SPDR S&P Telecom ETF (NYSEARCA:XTL) by 3.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,984 shares of the company’s stock after buying an additional 1,098 shares during the period. Cetera Investment Advisers owned about 3.36% of SPDR S&P Telecom ETF worth $4,339,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Jones Financial Companies Lllp raised its stake in SPDR S&P Telecom ETF by 9,344.3% during the 1st quarter. Jones Financial Companies Lllp now owns 20,872 shares of the company’s stock worth $2,086,000 after acquiring an additional 20,651 shares in the last quarter. LPL Financial LLC grew its holdings in shares of SPDR S&P Telecom ETF by 8.5% during the first quarter. LPL Financial LLC now owns 105,544 shares of the company’s stock worth $10,549,000 after purchasing an additional 8,293 shares during the last quarter. Roman Butler Fullerton & Co. purchased a new position in shares of SPDR S&P Telecom ETF during the second quarter worth about $603,000. Goldman Sachs Group Inc. increased its position in shares of SPDR S&P Telecom ETF by 5.0% during the first quarter. Goldman Sachs Group Inc. now owns 57,765 shares of the company’s stock worth $5,774,000 after purchasing an additional 2,771 shares in the last quarter. Finally, Envestnet Asset Management Inc. purchased a new stake in shares of SPDR S&P Telecom ETF in the 2nd quarter valued at about $200,000.

SPDR S&P Telecom ETF Stock Up 1.3%

NYSEARCA:XTL opened at $143.60 on Wednesday. The company has a market capitalization of $186.68 million, a PE ratio of 17.49 and a beta of 1.11. SPDR S&P Telecom ETF has a 52-week low of $84.68 and a 52-week high of $155.91. The stock’s 50 day moving average price is $145.41 and its 200 day moving average price is $128.11.

SPDR S&P Telecom ETF Profile

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.