M3 Advisory Group LLC Sells 1,790 Shares of SPDR S&P Transportation ETF $XTN

M3 Advisory Group LLC lessened its stake in shares of SPDR S&P Transportation ETF (NYSEARCA:XTN) by 31.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,870 shares of the company’s stock after selling 1,790 shares during the quarter. M3 Advisory Group LLC owned approximately 0.22% of SPDR S&P Transportation ETF worth $312,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of XTN. Golden State Wealth Management LLC grew its stake in shares of SPDR S&P Transportation ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 400 shares of the company’s stock worth $30,000 after buying an additional 200 shares during the last quarter. Sovran Advisors LLC grew its stake in shares of SPDR S&P Transportation ETF by 4.3% in the first quarter. Sovran Advisors LLC now owns 4,228 shares of the company’s stock worth $287,000 after purchasing an additional 175 shares during the last quarter. SVB Wealth LLC bought a new stake in shares of SPDR S&P Transportation ETF in the first quarter worth $50,000. Jones Financial Companies Lllp grew its stake in shares of SPDR S&P Transportation ETF by 1,474.6% in the first quarter. Jones Financial Companies Lllp now owns 6,503 shares of the company’s stock worth $480,000 after purchasing an additional 6,090 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of SPDR S&P Transportation ETF in the first quarter worth $351,000.

SPDR S&P Transportation ETF Stock Down 3.7%

Shares of SPDR S&P Transportation ETF stock opened at $81.39 on Monday. SPDR S&P Transportation ETF has a twelve month low of $61.95 and a twelve month high of $95.62. The stock has a market cap of $135.11 million, a price-to-earnings ratio of 16.16 and a beta of 1.33. The company’s fifty day moving average is $84.70 and its 200 day moving average is $79.41.

SPDR S&P Transportation ETF 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.