Raymond James Financial Services Advisors Inc. Sells 1,185 Shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Raymond James Financial Services Advisors Inc. trimmed its holdings in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 22.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,006 shares of the company’s stock after selling 1,185 shares during the period. Raymond James Financial Services Advisors Inc. owned about 0.11% of SPDR NYSE Technology ETF worth $658,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XNTK. IHT Wealth Management LLC boosted its holdings in shares of SPDR NYSE Technology ETF by 3.7% in the 2nd quarter. IHT Wealth Management LLC now owns 2,523 shares of the company’s stock valued at $352,000 after buying an additional 89 shares in the last quarter. Raymond James & Associates boosted its holdings in shares of SPDR NYSE Technology ETF by 6.2% in the 4th quarter. Raymond James & Associates now owns 1,642 shares of the company’s stock valued at $270,000 after buying an additional 96 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of SPDR NYSE Technology ETF by 1.0% in the 1st quarter. Commonwealth Equity Services LLC now owns 11,582 shares of the company’s stock valued at $1,403,000 after buying an additional 112 shares in the last quarter. Creative Planning boosted its holdings in shares of SPDR NYSE Technology ETF by 7.1% in the 3rd quarter. Creative Planning now owns 2,030 shares of the company’s stock valued at $277,000 after buying an additional 134 shares in the last quarter. Finally, Captrust Financial Advisors boosted its holdings in shares of SPDR NYSE Technology ETF by 5.8% in the 2nd quarter. Captrust Financial Advisors now owns 3,422 shares of the company’s stock valued at $353,000 after buying an additional 187 shares in the last quarter.

SPDR NYSE Technology ETF Stock Performance

NYSEARCA:XNTK opened at $173.98 on Thursday. SPDR NYSE Technology ETF has a fifty-two week low of $112.32 and a fifty-two week high of $186.60. The stock has a market capitalization of $758.55 million, a P/E ratio of 43.30 and a beta of 1.53. The company’s 50-day simple moving average is $180.36 and its 200-day simple moving average is $163.14.

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.