Worthington Financial Partners LLC Purchases New Stake in SPDR S&P Telecom ETF $XTL

Worthington Financial Partners LLC purchased a new stake in shares of SPDR S&P Telecom ETF (NYSEARCA:XTLFree Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,545 shares of the company’s stock, valued at approximately $696,000. Worthington Financial Partners LLC owned about 0.30% of SPDR S&P Telecom ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its position in shares of SPDR S&P Telecom ETF by 119.2% in the third quarter. Jones Financial Companies Lllp now owns 423 shares of the company’s stock valued at $59,000 after purchasing an additional 230 shares during the period. Kestra Advisory Services LLC bought a new position in SPDR S&P Telecom ETF in the 4th quarter valued at about $80,000. International Assets Investment Management LLC acquired a new stake in SPDR S&P Telecom ETF during the fourth quarter worth approximately $131,000. Harbour Investments Inc. acquired a new stake in SPDR S&P Telecom ETF during the fourth quarter worth approximately $150,000. Finally, Envestnet Asset Management Inc. acquired a new stake in SPDR S&P Telecom ETF during the second quarter worth approximately $200,000.

SPDR S&P Telecom ETF Price Performance

Shares of NYSEARCA:XTL opened at $220.57 on Friday. SPDR S&P Telecom ETF has a 12-month low of $109.25 and a 12-month high of $247.62. The stock has a market cap of $765.38 million, a PE ratio of 17.49 and a beta of 1.14. The business has a 50 day moving average of $225.16 and a 200-day moving average of $189.72.

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.

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Institutional Ownership by Quarter for SPDR S&P Telecom ETF (NYSEARCA:XTL)

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