HighTower Advisors LLC trimmed its stake in shares of SPDR S&P Transportation ETF (NYSEARCA:XTN – Free Report) by 8.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,490 shares of the company’s stock after selling 234 shares during the period. HighTower Advisors LLC owned 0.11% of SPDR S&P Transportation ETF worth $203,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of XTN. International Assets Investment Management LLC purchased a new stake in shares of SPDR S&P Transportation ETF during the second quarter worth approximately $31,000. Ashton Thomas Private Wealth LLC acquired a new stake in SPDR S&P Transportation ETF during the 2nd quarter worth $38,000. CX Institutional acquired a new stake in SPDR S&P Transportation ETF during the 3rd quarter worth $267,000. Flow Traders U.S. LLC purchased a new stake in shares of SPDR S&P Transportation ETF during the third quarter worth $362,000. Finally, M3 Advisory Group LLC raised its position in shares of SPDR S&P Transportation ETF by 4.3% in the third quarter. M3 Advisory Group LLC now owns 5,685 shares of the company’s stock valued at $469,000 after buying an additional 234 shares during the last quarter.
SPDR S&P Transportation ETF Stock Up 1.1 %
Shares of XTN opened at $87.35 on Thursday. The stock has a fifty day simple moving average of $89.39 and a two-hundred day simple moving average of $82.24. The company has a market capitalization of $195.66 million, a PE ratio of 11.07 and a beta of 1.27. SPDR S&P Transportation ETF has a 52-week low of $71.84 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.
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