Waldron Private Wealth LLC Sells 4,700 Shares of SPDR S&P Telecom ETF (NYSEARCA:XTL)

Waldron Private Wealth LLC lowered its position in SPDR S&P Telecom ETF (NYSEARCA:XTL) by 65.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,474 shares of the company’s stock after selling 4,700 shares during the period. Waldron Private Wealth LLC’s holdings in SPDR S&P Telecom ETF were worth $265,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in XTL. New Harbor Financial Group LLC bought a new position in SPDR S&P Telecom ETF during the 3rd quarter worth about $12,976,000. Fiduciary Family Office LLC bought a new position in SPDR S&P Telecom ETF during the 4th quarter worth about $13,538,000. Roman Butler Fullerton & Co. bought a new position in SPDR S&P Telecom ETF during the 3rd quarter worth about $553,000. Cetera Investment Advisers increased its holdings in SPDR S&P Telecom ETF by 16.1% during the 2nd quarter. Cetera Investment Advisers now owns 37,519 shares of the company’s stock worth $2,895,000 after purchasing an additional 5,189 shares in the last quarter. Finally, Westwind Capital bought a new position in SPDR S&P Telecom ETF during the 4th quarter worth about $524,000.

SPDR S&P Telecom ETF Trading Up 0.9 %

XTL stock opened at $107.68 on Monday. The stock has a 50-day moving average price of $108.71 and a two-hundred day moving average price of $100.73. The stock has a market cap of $83.45 million, a PE ratio of 22.20 and a beta of 1.10. SPDR S&P Telecom ETF has a 1 year low of $67.08 and a 1 year high of $112.99.

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.