SPDR FactSet Innovative Technology ETF $XITK Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lifted its position in shares of SPDR FactSet Innovative Technology ETF (NYSEARCA:XITK) by 15,685.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,840 shares of the company’s stock after purchasing an additional 8,784 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 2.10% of SPDR FactSet Innovative Technology ETF worth $1,577,000 as of its most recent SEC filing.

Separately, Ameriprise Financial Inc. grew its stake in shares of SPDR FactSet Innovative Technology ETF by 14.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,204 shares of the company’s stock worth $796,000 after purchasing an additional 523 shares during the period.

SPDR FactSet Innovative Technology ETF Price Performance

Shares of NYSEARCA XITK opened at $195.44 on Thursday. The stock has a market capitalization of $68.40 million, a price-to-earnings ratio of 27.20 and a beta of 1.27. SPDR FactSet Innovative Technology ETF has a 12 month low of $141.05 and a 12 month high of $198.88. The firm’s 50 day simple moving average is $167.98 and its 200-day simple moving average is $168.88.

SPDR FactSet Innovative Technology ETF Profile

The SPDR FactSet Innovative Technology ETF (XITK) is an exchange-traded fund that is based on the FactSet Innovative Technology index. The fund tracks an index composed of US-listed technology and electronic media companies deemed innovative or disruptive by FactSet. XITK was launched on Jan 13, 2016 and is managed by State Street.