Raymond James & Associates Grows Stock Holdings in SPDR S&P Transportation ETF (NYSEARCA:XTN)

Raymond James & Associates lifted its holdings in SPDR S&P Transportation ETF (NYSEARCA:XTN) by 1.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,735 shares of the company’s stock after acquiring an additional 187 shares during the period. Raymond James & Associates owned approximately 0.61% of SPDR S&P Transportation ETF worth $1,564,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Financial Freedom LLC purchased a new stake in SPDR S&P Transportation ETF during the 4th quarter worth $27,000. Fifth Third Bancorp acquired a new stake in shares of SPDR S&P Transportation ETF in the 3rd quarter valued at about $30,000. Sheets Smith Wealth Management bought a new position in shares of SPDR S&P Transportation ETF during the third quarter worth about $32,000. Comerica Bank acquired a new position in SPDR S&P Transportation ETF in the third quarter worth about $36,000. Finally, Register Financial Advisors LLC bought a new stake in SPDR S&P Transportation ETF in the fourth quarter valued at about $46,000.

SPDR S&P Transportation ETF Stock Down 0.4 %

Shares of NYSEARCA XTN opened at $77.53 on Friday. The stock’s 50 day moving average price is $82.11 and its two-hundred day moving average price is $78.59. SPDR S&P Transportation ETF has a 52-week low of $66.75 and a 52-week high of $88.14. The stock has a market capitalization of $176.00 million, a P/E ratio of 11.60 and a beta of 1.27.

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.