Cetera Investment Advisers Sells 2,607 Shares of SPDR S&P Transportation ETF (NYSEARCA:XTN)

Cetera Investment Advisers cut its position in SPDR S&P Transportation ETF (NYSEARCA:XTN) by 16.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,024 shares of the company’s stock after selling 2,607 shares during the quarter. Cetera Investment Advisers owned about 0.58% of SPDR S&P Transportation ETF worth $1,018,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the company. IMC Chicago LLC bought a new stake in shares of SPDR S&P Transportation ETF during the 1st quarter valued at about $1,722,000. J.W. Cole Advisors Inc. bought a new stake in shares of SPDR S&P Transportation ETF in the first quarter worth approximately $218,000. Cadent Capital Advisors LLC grew its stake in shares of SPDR S&P Transportation ETF by 28.9% in the first quarter. Cadent Capital Advisors LLC now owns 5,406 shares of the company’s stock worth $458,000 after acquiring an additional 1,211 shares during the period. Genesee Capital Advisors LLC grew its position in SPDR S&P Transportation ETF by 4.0% during the second quarter. Genesee Capital Advisors LLC now owns 16,882 shares of the company’s stock valued at $1,320,000 after buying an additional 650 shares during the period. Finally, Ashton Thomas Private Wealth LLC bought a new stake in SPDR S&P Transportation ETF during the second quarter valued at approximately $38,000.

SPDR S&P Transportation ETF Price Performance

XTN opened at $84.62 on Friday. The firm has a market cap of $189.55 million, a P/E ratio of 11.07 and a beta of 1.27. SPDR S&P Transportation ETF has a 1-year low of $66.75 and a 1-year high of $85.63. The company has a 50 day simple moving average of $79.06 and a two-hundred day simple moving average of $78.56.

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.