International Assets Investment Management LLC Makes New Investment in SPDR S&P Transportation ETF (NYSEARCA:XTN)

International Assets Investment Management LLC acquired a new position in SPDR S&P Transportation ETF (NYSEARCA:XTN) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 33,229 shares of the company’s stock, valued at approximately $2,774,000. International Assets Investment Management LLC owned about 1.08% of SPDR S&P Transportation ETF as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Financial Freedom LLC bought a new stake in shares of SPDR S&P Transportation ETF in the fourth quarter worth $27,000. Fifth Third Bancorp bought a new stake in shares of SPDR S&P Transportation ETF in the third quarter worth $30,000. Sheets Smith Wealth Management bought a new stake in shares of SPDR S&P Transportation ETF in the third quarter worth $32,000. Comerica Bank bought a new stake in shares of SPDR S&P Transportation ETF in the third quarter worth $36,000. Finally, Register Financial Advisors LLC bought a new stake in shares of SPDR S&P Transportation ETF in the fourth quarter worth $46,000.

SPDR S&P Transportation ETF Stock Down 0.4 %

Shares of SPDR S&P Transportation ETF stock opened at $77.53 on Friday. SPDR S&P Transportation ETF has a twelve month low of $66.75 and a twelve month high of $88.14. The stock has a market cap of $176.00 million, a price-to-earnings ratio of 11.60 and a beta of 1.27. The company’s fifty day moving average is $82.11 and its 200 day moving average is $78.59.

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.