SPDR S&P Telecom ETF (NYSEARCA:XTL) Stake Lowered by City Holding Co.

City Holding Co. decreased its position in shares of SPDR S&P Telecom ETF (NYSEARCA:XTL) by 5.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,750 shares of the company’s stock after selling 200 shares during the quarter. City Holding Co. owned 0.27% of SPDR S&P Telecom ETF worth $265,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Cerebellum GP LLC increased its position in shares of SPDR S&P Telecom ETF by 7.2% during the fourth quarter. Cerebellum GP LLC now owns 2,594 shares of the company’s stock worth $163,000 after purchasing an additional 175 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of SPDR S&P Telecom ETF during the fourth quarter worth approximately $200,000. Shulman DeMeo Asset Management LLC purchased a new stake in shares of SPDR S&P Telecom ETF during the fourth quarter worth approximately $251,000. Stifel Financial Corp purchased a new stake in shares of SPDR S&P Telecom ETF during the fourth quarter worth approximately $319,000. Finally, Bailard Inc. purchased a new stake in shares of SPDR S&P Telecom ETF during the fourth quarter worth approximately $333,000.

Shares of XTL opened at $70.33 on Friday. SPDR S&P Telecom ETF has a one year low of $58.68 and a one year high of $77.41.

WARNING: This article was first posted by Baseball Daily News and is the property of of Baseball Daily News. If you are viewing this article on another website, it was illegally copied and reposted in violation of U.S. & international copyright and trademark laws. The correct version of this article can be accessed at https://www.baseballdailydigest.com/news/2019/05/10/city-holding-co-has-265000-stake-in-spdr-sp-telecom-etf-xtl.html.

Featured Article: What is a capital gain?

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

Receive News & Ratings for SPDR S&P Telecom ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Telecom ETF and related companies with MarketBeat.com's FREE daily email newsletter.