SPDR S&P Transportation ETF (NYSEARCA:XTN) Trading Up 1.3% – Should You Buy?

Shares of SPDR S&P Transportation ETF (NYSEARCA:XTN) traded up 1.3% during trading on Monday . The stock traded as high as $76.16 and last traded at $75.88. 21,233 shares were traded during trading, a decline of 8% from the average session volume of 22,996 shares. The stock had previously closed at $74.94.

SPDR S&P Transportation ETF Stock Up 1.3 %

The company has a market cap of $172.25 million, a PE ratio of 17.52 and a beta of 1.36. The stock’s 50 day simple moving average is $86.00 and its two-hundred day simple moving average is $85.85.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Jones Financial Companies Lllp increased its position in SPDR S&P Transportation ETF by 93.0% during the 4th quarter. Jones Financial Companies Lllp now owns 413 shares of the company’s stock worth $36,000 after purchasing an additional 199 shares in the last quarter. J.W. Cole Advisors Inc. acquired a new stake in shares of SPDR S&P Transportation ETF in the fourth quarter worth $208,000. Independent Advisor Alliance purchased a new position in shares of SPDR S&P Transportation ETF in the 4th quarter valued at $291,000. Total Wealth Planning & Management Inc. acquired a new position in shares of SPDR S&P Transportation ETF during the 4th quarter valued at $313,000. Finally, Sovran Advisors LLC purchased a new stake in SPDR S&P Transportation ETF during the 4th quarter worth $362,000.

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.