SPDR S&P Transportation ETF (NYSEARCA:XTN) Trading Down 0.8% – What’s Next?

by · The Markets Daily

SPDR S&P Transportation ETF (NYSEARCA:XTN – Get Free Report)’s share price dropped 0.8% during mid-day trading on Monday . The stock traded as low as $91.95 and last traded at $92.29. Approximately 5,059 shares changed hands during trading, a decline of 76% from the average daily volume of 21,323 shares. The stock had previously closed at $93.02.

SPDR S&P Transportation ETF Trading Down 0.6%

The business’s 50-day simple moving average is $87.82 and its two-hundred day simple moving average is $85.35. The company has a market capitalization of $151.67 million, a PE ratio of 16.16 and a beta of 1.41.

Institutional Trading of SPDR S&P Transportation ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in XTN. JPMorgan Chase & Co. raised its holdings in SPDR S&P Transportation ETF by 41.5% in the third quarter. JPMorgan Chase & Co. now owns 634 shares of the company’s stock valued at $53,000 after acquiring an additional 186 shares in the last quarter. Genesee Capital Advisors LLC increased its position in shares of SPDR S&P Transportation ETF by 1.0% in the 2nd quarter. Genesee Capital Advisors LLC now owns 20,517 shares of the company’s stock worth $1,652,000 after purchasing an additional 207 shares during the last quarter. Jane Street Group LLC raised its stake in shares of SPDR S&P Transportation ETF by 6.1% in the 2nd quarter. Jane Street Group LLC now owns 5,041 shares of the company’s stock valued at $406,000 after purchasing an additional 291 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of SPDR S&P Transportation ETF by 63.5% during the second quarter. Raymond James Financial Inc. now owns 13,820 shares of the company’s stock worth $1,112,000 after purchasing an additional 5,368 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its stake in SPDR S&P Transportation ETF by 1,474.6% in the first quarter. Jones Financial Companies Lllp now owns 6,503 shares of the company’s stock worth $480,000 after purchasing an additional 6,090 shares in the last quarter.

SPDR S&P Transportation ETF Company Profile

(Get Free Report)

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.

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