NorthRock Partners LLC purchased a new stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 163,990 shares of the company’s stock, valued at approximately $64,063,000. SPDR NYSE Technology ETF comprises 0.9% of NorthRock Partners LLC’s portfolio, making the stock its 24th largest holding.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in XNTK. IFC & Insurance Marketing Inc. bought a new position in shares of SPDR NYSE Technology ETF during the fourth quarter valued at $25,000. Qube Research & Technologies Ltd grew 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 acquired a new stake in SPDR NYSE Technology ETF in the first quarter valued at $41,000. Integrity Financial Corp WA acquired a new stake in SPDR NYSE Technology ETF in the second quarter valued at $45,000. Finally, Fifth Third Bancorp bought a new position in SPDR NYSE Technology ETF during the 1st quarter worth $58,000.
SPDR NYSE Technology ETF Trading Up 0.5%
Shares of XNTK opened at $363.09 on Wednesday. The stock’s 50-day moving average price is $355.53 and its two-hundred day moving average price is $327.88. SPDR NYSE Technology ETF has a 12 month low of $242.73 and a 12 month high of $392.44. The company has a market capitalization of $2.23 billion, a PE ratio of 31.16 and a beta of 1.45.
SPDR NYSE Technology ETF 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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Want to see what other hedge funds are holding XNTK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR NYSE Technology ETF (NYSEARCA:XNTK – Free Report).
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