J.W. Cole Advisors Inc. Makes New Investment in SPDR S&P Transportation ETF (NYSEARCA:XTN)

J.W. Cole Advisors Inc. purchased a new position in shares of SPDR S&P Transportation ETF (NYSEARCA:XTN) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 2,402 shares of the company’s stock, valued at approximately $208,000.

A number of other institutional investors also recently added to or reduced their stakes in XTN. Jane Street Group LLC acquired a new stake in shares of SPDR S&P Transportation ETF in the third quarter valued at $439,000. Flow Traders U.S. LLC acquired a new stake in shares of SPDR S&P Transportation ETF in the third quarter valued at $362,000. Genesee Capital Advisors LLC lifted its holdings in shares of SPDR S&P Transportation ETF by 12.2% in the fourth quarter. Genesee Capital Advisors LLC now owns 20,606 shares of the company’s stock valued at $1,786,000 after buying an additional 2,246 shares during the period. Sovran Advisors LLC acquired a new stake in shares of SPDR S&P Transportation ETF in the fourth quarter valued at $362,000. Finally, Coldstream Capital Management Inc. acquired a new stake in shares of SPDR S&P Transportation ETF during the third quarter worth $449,000.

SPDR S&P Transportation ETF Stock Down 3.4 %

Shares of SPDR S&P Transportation ETF stock opened at $84.71 on Friday. The stock’s fifty day moving average is $88.77 and its 200-day moving average is $85.32. The firm has a market capitalization of $189.75 million, a PE ratio of 11.07 and a beta of 1.27. SPDR S&P Transportation ETF has a 12-month low of $71.84 and a 12-month high of $95.62.

SPDR S&P Transportation ETF 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.