SPDR S&P Telecom ETF (NYSEARCA:XTL) Stake Raised by LPL Financial LLC

LPL Financial LLC increased its holdings in SPDR S&P Telecom ETF ( NYSEARCA:XTL – Free Report ) by 268.7% in the fourth quarter, HoldingsChannel.com reports.

The institutional investor owned 97,251 shares of the company’s stock after purchasing an additional 70,873 shares during the quarter. LPL Financial LLC owned about 0.13% of SPDR S&P Telecom ETF worth $10,410,000 as of its most recent filing with the Securities and Exchange Commission (SEC).



Several other large investors have also recently added to or reduced their stakes in the business. Maia Wealth LLC acquired a new position in SPDR S&P Telecom ETF during the 4th quarter worth $336,000. Westwind Capital acquired a new position in SPDR S&P Telecom ETF during the 4th quarter valued at about $524,000.

C2P Capital Advisory Group LLC d.b.a.

Prosperity Capital Advisors bought a new stake in shares of SPDR S&P Telecom ETF during the 4th quarter worth about $526,000. RPS Advisory Solutions LLC bought a new stake in shares of SPDR S&P Telecom ETF during the 4th quarter worth about $1,166,000. Finally, Wealthfront Advisers LLC acquired a new stake in shares of SPDR S&P Telecom ETF in the 4th quarter worth approximately $3,006,000.

SPDR S&P Telecom ETF Price Performance NYSEARCA XTL opened at $94.13 on Friday. SPDR S&P Telecom ETF has a 12 month low of $67.

08 and a 12 month high of $113.50. The firm has a market capitalization of $122.

37 million, a PE ratio of 16.04 and a beta of 1.03.

The company’s 50 day simple moving average is $106.16 and its 200 day simple moving average is $105.68.

SPDR S&P Telecom ETF Announces Dividend 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.

Recommended Stories Want to see what other hedge funds are holding XTL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Telecom ETF ( NYSEARCA:XTL – Free Report ). Receive News & Ratings for SPDR S&P Telecom ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Telecom ETF and related companies with MarketBeat.

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