31,998 Shares in SPDR S&P Telecom ETF (NYSEARCA:XTL) Bought by Raymond James Financial Inc.

Posted by Defense World Staff on Mar 28th, 2025

Raymond James Financial Inc. acquired a new stake in SPDR S&P Telecom ETF (NYSEARCA:XTL – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 31,998 shares of the company’s stock, valued at approximately $3,425,000. Raymond James Financial Inc. owned 4.13% of SPDR S&P Telecom ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Maia Wealth LLC purchased a new stake in shares of SPDR S&P Telecom ETF in the fourth quarter valued at about $336,000. Westwind Capital purchased a new position in SPDR S&P Telecom ETF during the fourth quarter worth about $524,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in SPDR S&P Telecom ETF in the fourth quarter valued at about $526,000. RPS Advisory Solutions LLC purchased a new stake in SPDR S&P Telecom ETF in the 4th quarter valued at approximately $1,166,000. Finally, Private Advisor Group LLC acquired a new position in SPDR S&P Telecom ETF during the fourth quarter worth $10,862,000.

SPDR S&P Telecom ETF Trading Down 1.1 %

XTL stock opened at $102.78 on Friday. SPDR S&P Telecom ETF has a 52 week low of $67.08 and a 52 week high of $113.50. The company has a market cap of $141.84 million, a P/E ratio of 15.86 and a beta of 1.03. The company’s 50-day moving average price is $107.27 and its 200 day moving average price is $105.51.

SPDR S&P Telecom ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were issued a $0.2714 dividend. The ex-dividend date of this dividend was Monday, March 24th.

SPDR S&P Telecom ETF Company Profile

(Free Report)

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.