Compass Financial Management LLC Takes Position in SPDR S&P Telecom ETF $XTL

Compass Financial Management LLC acquired a new position in SPDR S&P Telecom ETF (NYSEARCA:XTL) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 4,931 shares of the company’s stock, valued at approximately $1,121,000.

Other large investors have also made changes to their positions in the company. RPS Advisory Solutions LLC bought a new stake in SPDR S&P Telecom ETF during the 4th quarter valued at approximately $601,000. Bank of America Corp DE increased its position in SPDR S&P Telecom ETF by 6.5% in the 1st quarter. Bank of America Corp DE now owns 80,922 shares of the company’s stock worth $15,218,000 after buying an additional 4,960 shares during the period. Worthington Financial Partners LLC bought a new position in SPDR S&P Telecom ETF in the 4th quarter worth approximately $696,000. Geneos Wealth Management Inc. acquired a new position in shares of SPDR S&P Telecom ETF during the first quarter worth approximately $2,066,000. Finally, Hsbc Holdings PLC acquired a new position in shares of SPDR S&P Telecom ETF during the first quarter worth approximately $4,628,000.

SPDR S&P Telecom ETF Stock Performance

XTL opened at $212.66 on Monday. SPDR S&P Telecom ETF has a 1-year low of $127.47 and a 1-year high of $247.62. The stock has a market capitalization of $578.44 million, a price-to-earnings ratio of 17.49 and a beta of 1.16. The business has a 50 day moving average of $215.99 and a 200-day moving average of $208.55.

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.