M3 Advisory Group LLC Purchases 234 Shares of SPDR S&P Transportation ETF (NYSEARCA:XTN)

M3 Advisory Group LLC increased its position in SPDR S&P Transportation ETF (NYSEARCA:XTN) by 4.3% during the 3rd quarter, Holdings Channel reports. The firm owned 5,685 shares of the company’s stock after acquiring an additional 234 shares during the quarter. M3 Advisory Group LLC’s holdings in SPDR S&P Transportation ETF were worth $469,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of XTN. International Assets Investment Management LLC bought a new position in SPDR S&P Transportation ETF in the second quarter worth approximately $31,000. Mather Group LLC. bought a new position in SPDR S&P Transportation ETF in the second quarter worth approximately $32,000. Ashton Thomas Private Wealth LLC bought a new position in SPDR S&P Transportation ETF in the second quarter worth approximately $38,000. J.W. Cole Advisors Inc. bought a new position in SPDR S&P Transportation ETF in the first quarter worth approximately $218,000. Finally, CX Institutional bought a new position in SPDR S&P Transportation ETF in the third quarter worth approximately $267,000.

SPDR S&P Transportation ETF Stock Down 1.0 %

NYSEARCA:XTN traded down $0.83 during midday trading on Friday, hitting $84.62. The stock had a trading volume of 15,730 shares, compared to its average volume of 15,859. SPDR S&P Transportation ETF has a one year low of $66.75 and a one year high of $85.63. The company has a market capitalization of $189.55 million, a price-to-earnings ratio of 11.07 and a beta of 1.27. The stock has a 50-day moving average of $79.06 and a 200 day moving average of $78.56.

SPDR S&P Transportation ETF Company 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.