Cherry Tree Wealth Management LLC acquired a new stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK – Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,714 shares of the company’s stock, valued at approximately $670,000.
Several other large investors also recently modified their holdings of the stock. Ashton Thomas Securities LLC acquired a new stake in shares of SPDR NYSE Technology ETF during the 1st quarter worth about $41,000. Integrity Financial Corp WA acquired a new position in SPDR NYSE Technology ETF in the 2nd quarter valued at about $45,000. Fifth Third Bancorp acquired a new position in SPDR NYSE Technology ETF in the 1st quarter valued at about $58,000. REAP Financial Group LLC bought a new position in SPDR NYSE Technology ETF in the 4th quarter valued at about $70,000. Finally, Beacon Investment Advisory Services Inc. raised its holdings in SPDR NYSE Technology ETF by 55.3% in the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 191 shares of the company’s stock valued at $75,000 after acquiring an additional 68 shares during the period.
SPDR NYSE Technology ETF Trading Up 0.1%
XNTK stock traded up $0.37 during mid-day trading on Tuesday, hitting $355.08. 12,128 shares of the company were exchanged, compared to its average volume of 48,923. SPDR NYSE Technology ETF has a 1-year low of $242.73 and a 1-year high of $392.44. The stock has a market capitalization of $2.18 billion, a PE ratio of 31.16 and a beta of 1.45. The business has a 50 day simple moving average of $354.76 and a 200-day simple moving average of $330.47.
SPDR NYSE Technology ETF Company Profile
SPDR Morgan Stanley Technology ETF (the Fund) seeks to closely match the returns and characteristics of the Morgan Stanley Technology Index. The Morgan Stanley Technology Index is composed purely of electronics-based technology companies. The Technology Index comprises companies drawn from the following technology sub-sectors: computer services; design software; server software, personal computer (PC) software and new media; networking and telecom equipment; server hardware, PC hardware and peripherals; specialized systems, and semiconductors.
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