Roman Butler Fullerton & Co. Cuts Stake in SPDR S&P Telecom ETF $XTL

Roman Butler Fullerton & Co. reduced its position in shares of SPDR S&P Telecom ETF (NYSEARCA:XTL) by 52.0% in the first quarter, Holdings Channel reports. The firm owned 2,230 shares of the company’s stock after selling 2,415 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in SPDR S&P Telecom ETF were worth $461,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of XTL. CWM LLC bought a new position in shares of SPDR S&P Telecom ETF in the fourth quarter worth approximately $33,959,000. Bank of America Corp DE grew its holdings in shares of SPDR S&P Telecom ETF by 48.8% during the third quarter. Bank of America Corp DE now owns 64,804 shares of the company’s stock valued at $9,067,000 after buying an additional 21,242 shares during the last quarter. MinichMacGregor Wealth Management LLC bought a new stake in shares of SPDR S&P Telecom ETF during the first quarter valued at approximately $11,786,000. Castleark Management LLC bought a new stake in shares of SPDR S&P Telecom ETF during the third quarter valued at approximately $8,359,000. Finally, Goldman Sachs Group Inc. increased its position in shares of SPDR S&P Telecom ETF by 5.0% during the first quarter. Goldman Sachs Group Inc. now owns 57,765 shares of the company’s stock valued at $5,774,000 after acquiring an additional 2,771 shares in the last quarter.

SPDR S&P Telecom ETF Price Performance

NYSEARCA XTL traded down $0.20 during mid-day trading on Friday, reaching $220.52. The stock had a trading volume of 24,053 shares, compared to its average volume of 82,307. SPDR S&P Telecom ETF has a 1 year low of $114.88 and a 1 year high of $247.62. The stock has a market cap of $661.56 million, a PE ratio of 17.49 and a beta of 1.15. The company has a fifty day moving average price of $226.43 and a 200 day moving average price of $196.92.

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.