Global Assets Advisory LLC Purchases Shares of 264,517 SPDR NYSE Technology ETF $XNTK

Global Assets Advisory LLC acquired a new stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 264,517 shares of the company’s stock, valued at approximately $67,526,000. SPDR NYSE Technology ETF makes up approximately 16.1% of Global Assets Advisory LLC’s holdings, making the stock its biggest position. Global Assets Advisory LLC owned 4.55% of SPDR NYSE Technology ETF as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in XNTK. IFC & Insurance Marketing Inc. bought a new position in SPDR NYSE Technology ETF during the fourth quarter worth about $25,000. Allspring Global Investments Holdings LLC bought a new stake in shares of SPDR NYSE Technology ETF in the 4th quarter valued at approximately $28,000. Qube Research & Technologies Ltd grew its stake in shares of SPDR NYSE Technology ETF by 351.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 149 shares of the company’s stock valued at $35,000 after purchasing an additional 116 shares during the period. Realta Investment Advisors raised its holdings in shares of SPDR NYSE Technology ETF by 41.7% in the 4th quarter. Realta Investment Advisors now owns 170 shares of the company’s stock worth $47,000 after buying an additional 50 shares in the last quarter. Finally, Fifth Third Bancorp acquired a new position in shares of SPDR NYSE Technology ETF in the 1st quarter worth approximately $58,000.

SPDR NYSE Technology ETF Price Performance

Shares of SPDR NYSE Technology ETF stock traded down $1.43 during midday trading on Friday, hitting $368.86. 33,900 shares of the company were exchanged, compared to its average volume of 47,217. The firm has a 50 day simple moving average of $360.21 and a 200-day simple moving average of $305.89. The firm has a market cap of $2.22 billion, a P/E ratio of 31.16 and a beta of 1.43. SPDR NYSE Technology ETF has a 52 week low of $230.00 and a 52 week high of $392.44.

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.