Global Wealth Strategies & Associates Acquires New Holdings in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Global Wealth Strategies & Associates bought a new position in SPDR NYSE Technology ETF (NYSEARCA:XNTK) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 400 shares of the company’s stock, valued at approximately $81,000.

A number of other large investors have also recently added to or reduced their stakes in XNTK. JPMorgan Chase & Co. lifted its stake in shares of SPDR NYSE Technology ETF by 13.9% in the third quarter. JPMorgan Chase & Co. now owns 1,395 shares of the company’s stock worth $276,000 after buying an additional 170 shares during the last quarter. IHT Wealth Management LLC lifted its position in SPDR NYSE Technology ETF by 2.7% during the 3rd quarter. IHT Wealth Management LLC now owns 3,614 shares of the company’s stock worth $714,000 after acquiring an additional 95 shares during the last quarter. Captrust Financial Advisors boosted its holdings in SPDR NYSE Technology ETF by 1.7% during the third quarter. Captrust Financial Advisors now owns 4,958 shares of the company’s stock valued at $979,000 after acquiring an additional 82 shares during the period. FMR LLC grew its position in shares of SPDR NYSE Technology ETF by 15.2% in the third quarter. FMR LLC now owns 1,283 shares of the company’s stock valued at $253,000 after purchasing an additional 169 shares during the last quarter. Finally, Gentry Private Wealth LLC grew its position in shares of SPDR NYSE Technology ETF by 6.7% in the third quarter. Gentry Private Wealth LLC now owns 9,525 shares of the company’s stock valued at $1,881,000 after purchasing an additional 598 shares during the last quarter.

SPDR NYSE Technology ETF Price Performance

Shares of NYSEARCA XNTK traded down $0.64 during trading hours on Thursday, hitting $201.18. 11,351 shares of the company’s stock were exchanged, compared to its average volume of 14,696. The company’s 50-day moving average price is $205.60 and its 200-day moving average price is $196.52. SPDR NYSE Technology ETF has a 1-year low of $156.52 and a 1-year high of $214.47. The stock has a market capitalization of $877.14 million, a price-to-earnings ratio of 42.29 and a beta of 1.53.

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.