Bank of Nova Scotia Grows Holdings in SPDR NYSE Technology ETF $XNTK

Bank of Nova Scotia boosted its position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 38.8% during the first quarter, Holdings Channel.com reports. The fund owned 44,422 shares of the company’s stock after acquiring an additional 12,411 shares during the quarter. Bank of Nova Scotia’s holdings in SPDR NYSE Technology ETF were worth $11,341,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the company. Pinion Investment Advisors LLC lifted its stake in shares of 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 valued at $5,786,000 after buying an additional 1,911 shares in the last quarter. Gentry Private Wealth LLC increased its stake in SPDR NYSE Technology ETF by 42.0% in the 4th quarter. Gentry Private Wealth LLC now owns 17,574 shares of the company’s stock worth $4,883,000 after buying an additional 5,200 shares in the last quarter. Elevation Capital Advisory LLC bought a new stake in SPDR NYSE Technology ETF during the fourth quarter valued at about $722,000. UBS Group AG raised 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 valued at $20,858,000 after acquiring an additional 29,074 shares during the period. Finally, Aurora Private Wealth Inc. bought a new stake in SPDR NYSE Technology ETF during the fourth quarter valued at about $995,000.

SPDR NYSE Technology ETF Price Performance

NYSEARCA XNTK opened at $337.82 on Monday. SPDR NYSE Technology ETF has a twelve month low of $230.00 and a twelve month high of $392.44. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 31.16 and a beta of 1.43. The business has a 50-day moving average price of $363.47 and a 200-day moving average price of $310.90.

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.