18,646 Shares in SPDR S&P Telecom ETF (NYSEARCA:XTL) Acquired by Advisor Group Inc.

Advisor Group Inc. purchased a new stake in shares of SPDR S&P Telecom ETF (NYSEARCA:XTL) in the 1st quarter, HoldingsChannel reports. The institutional investor purchased 18,646 shares of the company’s stock, valued at approximately $1,318,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in XTL. Farmers & Merchants Trust Co of Chambersburg PA raised its holdings in SPDR S&P Telecom ETF by 9.8% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 6,170 shares of the company’s stock worth $436,000 after purchasing an additional 550 shares in the last quarter. Shulman DeMeo Asset Management LLC bought a new position in SPDR S&P Telecom ETF in the 4th quarter worth $251,000. Virtu Financial LLC raised its holdings in SPDR S&P Telecom ETF by 28.3% in the 1st quarter. Virtu Financial LLC now owns 15,271 shares of the company’s stock worth $1,080,000 after purchasing an additional 3,369 shares in the last quarter. Bailard Inc. bought a new position in SPDR S&P Telecom ETF in the 4th quarter worth $333,000. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in SPDR S&P Telecom ETF by 76.2% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 9,289 shares of the company’s stock worth $583,000 after purchasing an additional 4,017 shares in the last quarter.

Shares of NYSEARCA XTL opened at $68.09 on Wednesday. SPDR S&P Telecom ETF has a 12 month low of $58.68 and a 12 month high of $77.41.

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See Also: Why do analysts give a neutral rating?

Want to see what other hedge funds are holding XTL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Telecom ETF (NYSEARCA:XTL).

Institutional Ownership by Quarter for SPDR S&P Telecom ETF (NYSEARCA:XTL)

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