NewEdge Advisors LLC increased its stake in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK – Free Report) by 34,145.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,232 shares of the company’s stock after buying an additional 46,097 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR NYSE Technology ETF were worth $18,061,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of the stock. Auto Owners Insurance Co boosted its stake in SPDR NYSE Technology ETF by 30,856.8% in the 4th quarter. Auto Owners Insurance Co now owns 404,760,008 shares of the company’s stock valued at $112,474,711,000 after buying an additional 403,452,508 shares in the last quarter. Global Assets Advisory LLC acquired a new position in SPDR NYSE Technology ETF during the first quarter worth $67,526,000. Melone Private Wealth LLC acquired a new position in SPDR NYSE Technology ETF during the second quarter worth $66,253,000. AlTi Global Inc. lifted its holdings in shares of SPDR NYSE Technology ETF by 697.7% during the first quarter. AlTi Global Inc. now owns 106,824 shares of the company’s stock valued at $27,270,000 after acquiring an additional 93,433 shares during the period. Finally, Citadel Advisors LLC bought a new position in shares of SPDR NYSE Technology ETF during the second quarter valued at $33,877,000.
SPDR NYSE Technology ETF Stock Performance
Shares of NYSEARCA:XNTK opened at $356.21 on Friday. SPDR NYSE Technology ETF has a 52 week low of $242.73 and a 52 week high of $392.44. The company’s fifty day moving average is $355.12 and its 200-day moving average is $329.16. The company has a market capitalization of $2.19 billion, a PE ratio of 31.16 and a beta of 1.45.
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.
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