Cetera Advisors LLC Sells 3,808 Shares of SPDR S&P Transportation ETF (NYSEARCA:XTN)

Cetera Advisors LLC lessened its position in shares of SPDR S&P Transportation ETF (NYSEARCA:XTN) by 18.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,477 shares of the company’s stock after selling 3,808 shares during the period. Cetera Advisors LLC owned approximately 0.54% of SPDR S&P Transportation ETF worth $1,380,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in XTN. LPL Financial LLC boosted its stake in shares of SPDR S&P Transportation ETF by 4.7% in the second quarter. LPL Financial LLC now owns 81,040 shares of the company’s stock valued at $6,786,000 after buying an additional 3,659 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of SPDR S&P Transportation ETF by 177.7% in the first quarter. Ameriprise Financial Inc. now owns 52,047 shares of the company’s stock valued at $3,748,000 after buying an additional 33,307 shares during the period. Synergy Asset Management LLC bought a new stake in shares of SPDR S&P Transportation ETF in the second quarter valued at approximately $3,577,000. Jane Street Group LLC boosted its stake in shares of SPDR S&P Transportation ETF by 47.5% in the second quarter. Jane Street Group LLC now owns 23,811 shares of the company’s stock valued at $1,614,000 after buying an additional 7,669 shares during the period. Finally, Citadel Advisors LLC bought a new stake in shares of SPDR S&P Transportation ETF in the third quarter valued at approximately $1,450,000.

SPDR S&P Transportation ETF Trading Up 0.7 %

Shares of XTN stock opened at $73.95 on Tuesday. The stock has a market cap of $227.03 million, a P/E ratio of 7.70 and a beta of 1.33. The stock has a 50 day simple moving average of $72.68 and a 200 day simple moving average of $77.32. SPDR S&P Transportation ETF has a 1 year low of $65.66 and a 1 year high of $88.14.

SPDR S&P Transportation ETF Company 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.