Comerica Bank Sells 200 Shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Comerica Bank reduced its position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 43.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 256 shares of the company’s stock after selling 200 shares during the quarter. Comerica Bank’s holdings in SPDR NYSE Technology ETF were worth $52,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC grew its position in SPDR NYSE Technology ETF by 33.7% during the fourth quarter. LPL Financial LLC now owns 188,857 shares of the company’s stock valued at $38,115,000 after buying an additional 47,620 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of SPDR NYSE Technology ETF by 13.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,395 shares of the company’s stock worth $276,000 after acquiring an additional 170 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of SPDR NYSE Technology ETF during the 4th quarter valued at $1,538,000. Jones Financial Companies Lllp increased its stake in shares of SPDR NYSE Technology ETF by 21.7% in the 4th quarter. Jones Financial Companies Lllp now owns 949 shares of the company’s stock worth $191,000 after purchasing an additional 169 shares in the last quarter. Finally, Cerity Partners LLC purchased a new stake in shares of SPDR NYSE Technology ETF in the 4th quarter worth $1,227,000.

SPDR NYSE Technology ETF Stock Performance

NYSEARCA XNTK opened at $220.00 on Tuesday. The business’s fifty day moving average is $194.24 and its 200 day moving average is $203.74. SPDR NYSE Technology ETF has a fifty-two week low of $159.43 and a fifty-two week high of $228.88. The company has a market capitalization of $946 million, a PE ratio of 29.54 and a beta of 1.33.

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.