Westwind Capital Acquires Shares of 4,900 SPDR S&P Telecom ETF (NYSEARCA:XTL)

Westwind Capital acquired a new position in SPDR S&P Telecom ETF (NYSEARCA:XTL) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,900 shares of the company’s stock, valued at approximately $524,000. Westwind Capital owned 0.63% of SPDR S&P Telecom ETF at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Cetera Investment Advisers raised its stake in shares of 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 valued at $2,895,000 after buying an additional 5,189 shares during the last quarter. Roman Butler Fullerton & Co. purchased a new position in SPDR S&P Telecom ETF during the third quarter valued at approximately $553,000. Finally, New Harbor Financial Group LLC acquired a new position in SPDR S&P Telecom ETF in the third quarter valued at approximately $12,976,000.

SPDR S&P Telecom ETF Stock Down 1.9 %

Shares of NYSEARCA XTL traded down $2.04 during midday trading on Tuesday, reaching $106.92. 9,957 shares of the stock were exchanged, compared to its average volume of 23,104. The firm has a 50-day simple moving average of $107.83 and a two-hundred day simple moving average of $96.97. SPDR S&P Telecom ETF has a twelve month low of $67.08 and a twelve month high of $112.26. The firm has a market cap of $82.86 million, a price-to-earnings ratio of 22.20 and a beta of 1.10.

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.