Private Advisor Group LLC Has $4.97 Million Position in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Private Advisor Group LLC lessened its holdings in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 13.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,628 shares of the company’s stock after selling 3,758 shares during the quarter. Private Advisor Group LLC’s holdings in SPDR NYSE Technology ETF were worth $4,971,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Global Wealth Strategies & Associates acquired a new position in shares of SPDR NYSE Technology ETF in the 4th quarter worth approximately $81,000. Avior Wealth Management LLC acquired a new position in SPDR NYSE Technology ETF during the fourth quarter worth $89,000. Activest Wealth Management acquired a new position in SPDR NYSE Technology ETF during the fourth quarter worth $121,000. Apollon Financial LLC bought a new position in shares of SPDR NYSE Technology ETF during the third quarter valued at $200,000. Finally, Fortitude Family Office LLC acquired a new stake in shares of SPDR NYSE Technology ETF in the 4th quarter valued at $202,000.

SPDR NYSE Technology ETF Stock Performance

XNTK opened at $219.59 on Friday. SPDR NYSE Technology ETF has a twelve month low of $162.85 and a twelve month high of $228.88. The firm has a market cap of $957.41 million, a price-to-earnings ratio of 42.29 and a beta of 1.53. The firm’s 50-day simple moving average is $211.89 and its 200-day simple moving average is $201.74.

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.