126,479 Shares in SPDR S&P Telecom ETF (NYSEARCA:XTL) Acquired by Fiduciary Family Office LLC

Fiduciary Family Office LLC acquired a new stake in SPDR S&P Telecom ETF (NYSEARCA:XTL) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 126,479 shares of the company’s stock, valued at approximately $13,538,000. SPDR S&P Telecom ETF makes up about 4.0% of Fiduciary Family Office LLC’s portfolio, making the stock its 10th largest holding. Fiduciary Family Office LLC owned approximately 16.32% of SPDR S&P Telecom ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Westwind Capital acquired a new position in SPDR S&P Telecom ETF in the 4th quarter valued at $524,000. Roman Butler Fullerton & Co. acquired a new position in SPDR S&P Telecom ETF in the 3rd quarter valued at $553,000. New Harbor Financial Group LLC acquired a new position in SPDR S&P Telecom ETF in the 3rd quarter valued at $12,976,000. Finally, Cetera Investment Advisers raised its holdings in SPDR S&P Telecom ETF by 16.1% in the 2nd quarter. Cetera Investment Advisers now owns 37,519 shares of the company’s stock valued at $2,895,000 after acquiring an additional 5,189 shares in the last quarter.

SPDR S&P Telecom ETF Price Performance

Shares of NYSEARCA XTL opened at $111.99 on Thursday. The stock has a market capitalization of $86.79 million, a PE ratio of 22.20 and a beta of 1.10. The business has a fifty day moving average price of $108.47 and a two-hundred day moving average price of $99.40. SPDR S&P Telecom ETF has a fifty-two week low of $67.08 and a fifty-two week high of $112.26.

SPDR S&P Telecom ETF 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.