Risk Paradigm Group LLC Invests $1.34 Million in SPDR S&P Transportation ETF $XTN

Risk Paradigm Group LLC bought a new stake in SPDR S&P Transportation ETF (NYSEARCA:XTN) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 11,569 shares of the company’s stock, valued at approximately $1,338,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. PNC Financial Services Group Inc. boosted its stake in SPDR S&P Transportation ETF by 202.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,814 shares of the company’s stock worth $805,000 after purchasing an additional 5,900 shares during the period. UBS Group AG increased its stake in SPDR S&P Transportation ETF by 332.6% in the fourth quarter. UBS Group AG now owns 59,024 shares of the company’s stock valued at $5,393,000 after purchasing an additional 45,379 shares during the period. Royal Bank of Canada raised its holdings in shares of SPDR S&P Transportation ETF by 53.8% in the first quarter. Royal Bank of Canada now owns 22,117 shares of the company’s stock valued at $2,056,000 after buying an additional 7,734 shares during the last quarter. Element Pointe Advisors LLC purchased a new stake in shares of SPDR S&P Transportation ETF in the first quarter valued at about $20,827,000. Finally, Cetera Investment Advisers boosted its stake in shares of SPDR S&P Transportation ETF by 418.4% during the first quarter. Cetera Investment Advisers now owns 19,963 shares of the company’s stock worth $1,857,000 after buying an additional 16,112 shares during the period.

SPDR S&P Transportation ETF Price Performance

NYSEARCA XTN opened at $106.57 on Monday. SPDR S&P Transportation ETF has a 52-week low of $79.18 and a 52-week high of $120.89. The business’s 50-day moving average price is $112.55 and its 200 day moving average price is $106.24. The firm has a market cap of $378.32 million, a P/E ratio of 16.16 and a beta of 1.37.

About SPDR S&P Transportation ETF

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.