AlTi Global Inc. Has $27.27 Million Position in SPDR NYSE Technology ETF $XNTK

AlTi Global Inc. grew its holdings in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 697.7% in the first quarter, Holdings Channel.com reports. The firm owned 106,824 shares of the company’s stock after purchasing an additional 93,433 shares during the period. SPDR NYSE Technology ETF comprises approximately 0.6% of AlTi Global Inc.’s investment portfolio, making the stock its 25th largest position. AlTi Global Inc.’s holdings in SPDR NYSE Technology ETF were worth $27,270,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of XNTK. Pinion Investment Advisors LLC boosted its position in SPDR NYSE Technology ETF by 10.1% during the 4th quarter. Pinion Investment Advisors LLC now owns 20,823 shares of the company’s stock worth $5,786,000 after acquiring an additional 1,911 shares during the period. Gentry Private Wealth LLC grew its stake in SPDR NYSE Technology ETF by 42.0% during the 4th quarter. Gentry Private Wealth LLC now owns 17,574 shares of the company’s stock valued at $4,883,000 after acquiring an additional 5,200 shares in the last quarter. UBS Group AG increased its holdings in shares of SPDR NYSE Technology ETF by 63.2% in the 4th quarter. UBS Group AG now owns 75,060 shares of the company’s stock valued at $20,858,000 after purchasing an additional 29,074 shares during the period. Elevation Capital Advisory LLC acquired a new position in shares of SPDR NYSE Technology ETF in the 4th quarter valued at about $722,000. Finally, Aurora Private Wealth Inc. acquired a new position in shares of SPDR NYSE Technology ETF in the 4th quarter valued at about $995,000.

SPDR NYSE Technology ETF Price Performance

NYSEARCA XNTK opened at $341.34 on Monday. The firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of 31.16 and a beta of 1.43. The company has a 50 day simple moving average of $362.79 and a 200-day simple moving average of $308.55. SPDR NYSE Technology ETF has a 52-week low of $230.00 and a 52-week high of $392.44.

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.