SPDR S&P Transportation ETF (NYSEARCA:XTN) Trading 1% Higher

SPDR S&P Transportation ETF (NYSEARCA:XTN) traded up 1% during mid-day trading on Monday . The stock traded as high as $78.31 and last traded at $78.31. 3,700 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 15,977 shares. The stock had previously closed at $77.53.

SPDR S&P Transportation ETF Stock Performance

The stock’s 50 day moving average is $77.79 and its 200 day moving average is $79.02. The company has a market capitalization of $173.15 million, a PE ratio of 11.07 and a beta of 1.27.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in XTN. Mather Group LLC. bought a new stake in SPDR S&P Transportation ETF during the 2nd quarter worth approximately $32,000. International Assets Investment Management LLC bought a new stake in shares of SPDR S&P Transportation ETF during the 2nd quarter valued at about $31,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of SPDR S&P Transportation ETF during the second quarter worth about $38,000. Focus Financial Network Inc. ADV bought a new position in shares of SPDR S&P Transportation ETF in the fourth quarter worth approximately $214,000. Finally, J.W. Cole Advisors Inc. purchased a new stake in SPDR S&P Transportation ETF in the first quarter valued at approximately $218,000.

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.