2,324 Shares in SPDR S&P Transportation ETF (NYSEARCA:XTN) Bought by Hamilton Point Investment Advisors LLC

Hamilton Point Investment Advisors LLC bought a new position in shares of SPDR S&P Transportation ETF (NYSEARCA:XTN) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 2,324 shares of the company’s stock, valued at approximately $194,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in XTN. Financial Freedom LLC bought a new position in SPDR S&P Transportation ETF during the fourth quarter worth about $27,000. Fifth Third Bancorp bought a new position in SPDR S&P Transportation ETF during the third quarter worth about $30,000. Sheets Smith Wealth Management bought a new position in SPDR S&P Transportation ETF during the third quarter worth about $32,000. Comerica Bank bought a new position in SPDR S&P Transportation ETF during the third quarter worth about $36,000. Finally, Register Financial Advisors LLC bought a new position in SPDR S&P Transportation ETF during the fourth quarter worth about $46,000.

SPDR S&P Transportation ETF Stock Performance

XTN stock traded down $0.73 during midday trading on Monday, hitting $79.18. 3,841 shares of the company’s stock were exchanged, compared to its average volume of 11,720. The stock’s fifty day moving average price is $82.37 and its 200-day moving average price is $78.55. The company has a market cap of $179.74 million, a PE ratio of 11.60 and a beta of 1.27. SPDR S&P Transportation ETF has a one year low of $66.75 and a one year high of $88.14.

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.