Private Advisor Group LLC Sells 5,277 Shares of SPDR NYSE Technology ETF $XNTK

Private Advisor Group LLC reduced its position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 12.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,269 shares of the company’s stock after selling 5,277 shares during the period. Private Advisor Group LLC owned about 0.66% of SPDR NYSE Technology ETF worth $9,769,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of XNTK. Auto Owners Insurance Co raised its position 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 during the last quarter. Keystone Wealth Services LLC acquired a new stake in shares of SPDR NYSE Technology ETF in the fourth quarter valued at approximately $51,033,000. Wells Fargo & Company MN lifted its position in shares of SPDR NYSE Technology ETF by 35.1% in the fourth quarter. Wells Fargo & Company MN now owns 193,410 shares of the company’s stock worth $53,745,000 after purchasing an additional 50,254 shares in the last quarter. LPL Financial LLC lifted its position in shares of SPDR NYSE Technology ETF by 23.6% in the fourth quarter. LPL Financial LLC now owns 254,253 shares of the company’s stock worth $70,652,000 after purchasing an additional 48,595 shares in the last quarter. Finally, UBS Group AG boosted its holdings in SPDR NYSE Technology ETF by 63.2% during the fourth quarter. UBS Group AG now owns 75,060 shares of the company’s stock worth $20,858,000 after purchasing an additional 29,074 shares during the last quarter.

SPDR NYSE Technology ETF Stock Performance

SPDR NYSE Technology ETF stock opened at $363.71 on Monday. The company has a market cap of $2.19 billion, a P/E ratio of 31.16 and a beta of 1.43. SPDR NYSE Technology ETF has a 1-year low of $230.00 and a 1-year high of $392.44. The company has a fifty day simple moving average of $354.29 and a 200 day simple moving average of $302.87.

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.