RPS Advisory Solutions LLC Takes $601,000 Position in SPDR S&P Telecom ETF $XTL

RPS Advisory Solutions LLC bought a new stake in shares of SPDR S&P Telecom ETF (NYSEARCA:XTL) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 3,920 shares of the company’s stock, valued at approximately $601,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC bought a new stake in shares of SPDR S&P Telecom ETF during the fourth quarter valued at approximately $131,000. UBS Group AG grew its position in SPDR S&P Telecom ETF by 184.7% in the 4th quarter. UBS Group AG now owns 52,178 shares of the company’s stock worth $7,995,000 after purchasing an additional 33,851 shares during the period. Financial Management Professionals Inc. grew its position in SPDR S&P Telecom ETF by 196.4% in the 4th quarter. Financial Management Professionals Inc. now owns 10,246 shares of the company’s stock worth $1,570,000 after purchasing an additional 6,789 shares during the period. CWM LLC bought a new stake in SPDR S&P Telecom ETF in the 4th quarter worth approximately $33,959,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in SPDR S&P Telecom ETF in the 4th quarter worth approximately $253,000.

SPDR S&P Telecom ETF Trading Down 0.5%

NYSEARCA:XTL opened at $223.18 on Wednesday. SPDR S&P Telecom ETF has a 12 month low of $101.24 and a 12 month high of $232.59. The company has a market cap of $774.43 million, a PE ratio of 17.49 and a beta of 1.14. The company has a 50 day simple moving average of $206.72 and a two-hundred day simple moving average of $175.91.

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.