Raymond James & Associates Raises Holdings in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Raymond James & Associates lifted its stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 6.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,642 shares of the company’s stock after acquiring an additional 96 shares during the period. Raymond James & Associates’ holdings in SPDR NYSE Technology ETF were worth $270,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of XNTK. Aptus Capital Advisors LLC acquired a new position in SPDR NYSE Technology ETF during the 3rd quarter valued at approximately $26,000. Creative Financial Designs Inc. ADV purchased a new stake in shares of SPDR NYSE Technology ETF during the fourth quarter valued at $50,000. Silicon Valley Capital Partners acquired a new position in shares of SPDR NYSE Technology ETF in the 3rd quarter valued at $68,000. Keystone Financial Group raised its stake in SPDR NYSE Technology ETF by 19.3% in the 3rd quarter. Keystone Financial Group now owns 2,165 shares of the company’s stock worth $296,000 after acquiring an additional 350 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in SPDR NYSE Technology ETF during the 3rd quarter worth about $309,000.

SPDR NYSE Technology ETF Stock Performance

Shares of XNTK stock opened at $176.02 on Tuesday. SPDR NYSE Technology ETF has a fifty-two week low of $115.19 and a fifty-two week high of $186.60. The firm has a market capitalization of $767.44 million, a PE ratio of 43.30 and a beta of 1.53. The stock’s 50-day simple moving average is $179.29 and its 200-day simple moving average is $165.20.

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.