Client 1ST Advisory Group LLC Invests $224,000 in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Client 1ST Advisory Group LLC acquired a new stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,109 shares of the company’s stock, valued at approximately $224,000.

A number of other hedge funds also recently bought and sold shares of the business. Envestnet Asset Management Inc. grew its position in shares of SPDR NYSE Technology ETF by 18.3% in the second quarter. Envestnet Asset Management Inc. now owns 14,084 shares of the company’s stock valued at $2,750,000 after purchasing an additional 2,178 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC purchased a new position in shares of SPDR NYSE Technology ETF during the 2nd quarter worth $205,000. Goodman Advisory Group LLC raised its holdings in shares of SPDR NYSE Technology ETF by 4.2% during the 2nd quarter. Goodman Advisory Group LLC now owns 4,346 shares of the company’s stock worth $849,000 after acquiring an additional 176 shares during the period. Silver Lake Advisory LLC acquired a new position in shares of SPDR NYSE Technology ETF during the 2nd quarter valued at about $560,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in SPDR NYSE Technology ETF by 17.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 79,674 shares of the company’s stock worth $15,557,000 after purchasing an additional 11,816 shares during the last quarter.

SPDR NYSE Technology ETF Stock Performance

XNTK stock opened at $210.41 on Monday. SPDR NYSE Technology ETF has a one year low of $162.85 and a one year high of $214.47. The firm’s 50 day moving average price is $206.73 and its 200-day moving average price is $197.32. The firm has a market cap of $917.39 million, a PE ratio of 42.29 and a beta of 1.53.

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.