Raymond James Financial Inc. purchased a new position in SPDR S&P Telecom ETF ( NYSEARCA:XTL – Free Report ) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 31,998 shares of the company’s stock, valued at approximately $3,425,000.
Raymond James Financial Inc. owned approximately 4.13% of SPDR S&P Telecom ETF at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Maia Wealth LLC acquired a new position in shares of SPDR S&P Telecom ETF in the 4th quarter valued at approximately $336,000. Westwind Capital acquired a new position in shares of SPDR S&P Telecom ETF in the fourth quarter valued at approximately $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 fourth quarter worth $526,000. RPS Advisory Solutions LLC acquired a new stake in shares of SPDR S&P Telecom ETF during the fourth quarter worth $1,166,000. Finally, Wealthfront Advisers LLC acquired a new stake in shares of SPDR S&P Telecom ETF during the fourth quarter worth $3,006,000.
SPDR S&P Telecom ETF Trading Up 0.2 % Shares of NYSEARCA XTL opened at $95.01 on Monday.
The company has a fifty day moving average price of $99.56 and a 200 day moving average price of $104.72.
The firm has a market cap of $102.61 million, a PE ratio of 16.66 and a beta of 1.
06. SPDR S&P Telecom ETF has a 1-year low of $67.93 and a 1-year high of $113.
50. SPDR S&P Telecom ETF Company Profile 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. Further Reading 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 ).
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Raymond James Financial Inc. Makes New $3.43 Million Investment in SPDR S&P Telecom ETF (NYSEARCA:XTL)

Raymond James Financial Inc. purchased a new position in SPDR S&P Telecom ETF (NYSEARCA:XTL – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 31,998 shares of the company’s stock, valued at approximately $3,425,000. Raymond James Financial Inc. owned approximately 4.13% [...]