4,441 Shares in SPDR S&P Telecom ETF $XTL Purchased by Arkadios Wealth Advisors

Arkadios Wealth Advisors bought a new position in SPDR S&P Telecom ETF (NYSEARCA:XTL) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 4,441 shares of the company’s stock, valued at approximately $621,000. Arkadios Wealth Advisors owned about 0.40% of SPDR S&P Telecom ETF as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Ameritas Advisory Services LLC purchased a new stake in shares of SPDR S&P Telecom ETF in the 2nd quarter worth $97,000. Parkwoods Wealth Partners LLC bought a new stake in SPDR S&P Telecom ETF during the third quarter valued at about $206,000. Envestnet Asset Management Inc. bought a new stake in SPDR S&P Telecom ETF during the second quarter valued at about $200,000. Financial Management Professionals Inc. purchased a new stake in SPDR S&P Telecom ETF in the third quarter worth about $484,000. Finally, Roman Butler Fullerton & Co. bought a new position in shares of SPDR S&P Telecom ETF in the second quarter worth about $603,000.

SPDR S&P Telecom ETF Stock Down 0.6%

XTL stock opened at $160.05 on Tuesday. The business’s 50-day moving average price is $152.70 and its 200-day moving average price is $142.18. The stock has a market cap of $240.08 million, a P/E ratio of 17.49 and a beta of 1.11. SPDR S&P Telecom ETF has a twelve month low of $84.68 and a twelve month high of $165.10.

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.