Melone Private Wealth LLC Takes Position in SPDR NYSE Technology ETF $XNTK

Melone Private Wealth LLC bought a new position in SPDR NYSE Technology ETF (NYSEARCA:XNTK) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 169,598 shares of the company’s stock, valued at approximately $66,253,000. SPDR NYSE Technology ETF accounts for about 20.5% of Melone Private Wealth LLC’s holdings, making the stock its biggest position. Melone Private Wealth LLC owned 2.76% of SPDR NYSE Technology ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of XNTK. IFC & Insurance Marketing Inc. bought a new stake in shares of SPDR NYSE Technology ETF during the fourth quarter valued at approximately $25,000. Qube Research & Technologies Ltd raised its stake in shares of SPDR NYSE Technology ETF by 351.5% in the second quarter. Qube Research & Technologies Ltd now owns 149 shares of the company’s stock worth $35,000 after purchasing an additional 116 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in SPDR NYSE Technology ETF in the 1st quarter worth about $41,000. Integrity Financial Corp WA purchased a new stake in shares of SPDR NYSE Technology ETF during the 2nd quarter valued at about $45,000. Finally, Fifth Third Bancorp bought a new stake in shares of SPDR NYSE Technology ETF in the first quarter worth approximately $58,000.

SPDR NYSE Technology ETF Stock Up 1.5%

Shares of SPDR NYSE Technology ETF stock opened at $361.40 on Friday. SPDR NYSE Technology ETF has a twelve month low of $241.86 and a twelve month high of $392.44. The company has a market cap of $2.22 billion, a price-to-earnings ratio of 31.16 and a beta of 1.45. The company’s 50 day moving average is $356.45 and its 200 day moving average is $326.14.

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.