SPDR NYSE Technology ETF (NYSEARCA:XNTK) Shares Bought by GeoWealth Management LLC

GeoWealth Management LLC lifted its position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 17.8% during the fourth quarter, HoldingsChannel reports. The fund owned 799 shares of the company’s stock after acquiring an additional 121 shares during the quarter. GeoWealth Management LLC’s holdings in SPDR NYSE Technology ETF were worth $161,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its holdings in SPDR NYSE Technology ETF by 33.7% in the 4th quarter. LPL Financial LLC now owns 188,857 shares of the company’s stock valued at $38,115,000 after purchasing an additional 47,620 shares in the last quarter. Raymond James Financial Inc. acquired a new position in SPDR NYSE Technology ETF during the fourth quarter worth $1,538,000. Constant Guidance Financial LLC acquired a new position in SPDR NYSE Technology ETF during the fourth quarter worth $1,481,000. Cerity Partners LLC acquired a new stake in SPDR NYSE Technology ETF in the fourth quarter valued at $1,227,000. Finally, Independent Advisor Alliance purchased a new stake in shares of SPDR NYSE Technology ETF during the 4th quarter worth $939,000.

SPDR NYSE Technology ETF Stock Up 3.4 %

NYSEARCA:XNTK opened at $185.34 on Thursday. The firm’s fifty day simple moving average is $195.34 and its 200-day simple moving average is $202.96. The stock has a market cap of $796.96 million, a PE ratio of 26.43 and a beta of 1.32. SPDR NYSE Technology ETF has a fifty-two week low of $159.43 and a fifty-two week high of $228.88.

About SPDR NYSE Technology ETF

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.