Moss Adams Wealth Advisors LLC Invests $3.84 Million in SPDR S&P Transportation ETF (NYSEARCA:XTN)

Moss Adams Wealth Advisors LLC purchased a new stake in SPDR S&P Transportation ETF (NYSEARCA:XTN) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 46,600 shares of the company’s stock, valued at approximately $3,842,000. SPDR S&P Transportation ETF makes up about 0.4% of Moss Adams Wealth Advisors LLC’s investment portfolio, making the stock its 21st biggest holding. Moss Adams Wealth Advisors LLC owned about 2.08% of SPDR S&P Transportation ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of XTN. Mather Group LLC. bought a new stake in shares of SPDR S&P Transportation ETF during the 2nd quarter worth approximately $32,000. International Assets Investment Management LLC bought a new stake in SPDR S&P Transportation ETF during the second quarter worth $31,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of SPDR S&P Transportation ETF in the 2nd quarter valued at $38,000. J.W. Cole Advisors Inc. bought a new position in shares of SPDR S&P Transportation ETF in the 1st quarter valued at $218,000. Finally, CX Institutional acquired a new position in shares of SPDR S&P Transportation ETF during the 3rd quarter worth $267,000.

SPDR S&P Transportation ETF Stock Up 0.6 %

Shares of XTN stock opened at $85.14 on Friday. The business has a fifty day simple moving average of $79.26 and a 200 day simple moving average of $78.57. The company has a market cap of $190.71 million, a P/E ratio of 11.07 and a beta of 1.27. SPDR S&P Transportation ETF has a twelve month low of $66.75 and a twelve month high of $85.63.

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.