Bank of America Corp DE Buys 708 Shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Bank of America Corp DE grew its stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,496 shares of the company’s stock after acquiring an additional 708 shares during the period. Bank of America Corp DE owned 1.16% of SPDR NYSE Technology ETF worth $10,191,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in SPDR NYSE Technology ETF by 13.9% during the third quarter. JPMorgan Chase & Co. now owns 1,395 shares of the company’s stock worth $276,000 after purchasing an additional 170 shares during the period. Avior Wealth Management LLC bought a new position in SPDR NYSE Technology ETF during the fourth quarter worth about $89,000. VAUGHAN & Co SECURITIES INC. bought a new position in SPDR NYSE Technology ETF during the fourth quarter worth about $202,000. 17 Capital Partners LLC grew its holdings in SPDR NYSE Technology ETF by 8.1% during the fourth quarter. 17 Capital Partners LLC now owns 2,735 shares of the company’s stock worth $552,000 after purchasing an additional 205 shares during the period. Finally, Activest Wealth Management bought a new position in SPDR NYSE Technology ETF during the fourth quarter worth about $121,000.

SPDR NYSE Technology ETF Stock Performance

SPDR NYSE Technology ETF stock opened at $214.21 on Friday. SPDR NYSE Technology ETF has a 52 week low of $159.43 and a 52 week high of $228.88. The stock has a market capitalization of $921.10 million, a P/E ratio of 29.54 and a beta of 1.33. The stock has a 50-day simple moving average of $195.69 and a 200 day simple moving average of $204.16.

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.