Private Advisor Group LLC Sells 11,083 Shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Private Advisor Group LLC trimmed its position in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 28.1% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 28,386 shares of the company’s stock after selling 11,083 shares during the period. Private Advisor Group LLC owned about 0.65% of SPDR NYSE Technology ETF worth $5,607,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Silver Lake Advisory LLC acquired a new stake in shares of SPDR NYSE Technology ETF in the 2nd quarter valued at about $560,000. Envestnet Asset Management Inc. raised its stake in shares of SPDR NYSE Technology ETF by 18.3% in the 2nd 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 during the period. Chatham Capital Group Inc. acquired a new stake in shares of SPDR NYSE Technology ETF in the 1st quarter valued at about $210,000. Centaurus Financial Inc. raised its stake in shares of SPDR NYSE Technology ETF by 20.9% in the 2nd quarter. Centaurus Financial Inc. now owns 4,363 shares of the company’s stock valued at $852,000 after purchasing an additional 753 shares during the period. Finally, Cetera Investment Advisers raised its stake in shares of SPDR NYSE Technology ETF by 2.3% in the 2nd quarter. Cetera Investment Advisers now owns 7,823 shares of the company’s stock valued at $1,527,000 after purchasing an additional 178 shares during the period.

SPDR NYSE Technology ETF Price Performance

Shares of NYSEARCA XNTK opened at $200.21 on Friday. The stock has a market capitalization of $872.92 million, a price-to-earnings ratio of 42.29 and a beta of 1.53. The business has a 50-day moving average of $192.85 and a 200-day moving average of $188.24. SPDR NYSE Technology ETF has a fifty-two week low of $129.48 and a fifty-two week high of $207.28.

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.