City Holding Co. Sells 125 Shares of SPDR S&P Telecom ETF (NYSEARCA:XTL)

City Holding Co. cut its stake in SPDR S&P Telecom ETF (NYSEARCA:XTL) by 12.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 900 shares of the company’s stock after selling 125 shares during the quarter. City Holding Co. owned about 0.12% of SPDR S&P Telecom ETF worth $96,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of XTL. New Harbor Financial Group LLC bought a new stake in shares of SPDR S&P Telecom ETF in the 3rd quarter worth about $12,976,000. Roman Butler Fullerton & Co. bought a new stake in SPDR S&P Telecom ETF in the third quarter worth about $553,000. Cetera Investment Advisers boosted its position in shares of SPDR S&P Telecom ETF by 16.1% during the second 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 period. Finally, Westwind Capital purchased a new stake in shares of SPDR S&P Telecom ETF in the fourth quarter worth approximately $524,000.

SPDR S&P Telecom ETF Stock Up 1.1 %

XTL opened at $108.27 on Tuesday. The business has a fifty day moving average of $108.33 and a 200 day moving average of $99.08. The stock has a market cap of $83.91 million, a P/E ratio of 22.20 and a beta of 1.10. SPDR S&P Telecom ETF has a 52-week low of $67.08 and a 52-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.