SPDR NYSE Technology ETF (NYSEARCA:XNTK) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers reduced its position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 36.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,103 shares of the company’s stock after selling 2,942 shares during the period. Cetera Investment Advisers owned 0.12% of SPDR NYSE Technology ETF worth $1,030,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Harbour Investments Inc. lifted its holdings in SPDR NYSE Technology ETF by 138.9% in the fourth quarter. Harbour Investments Inc. now owns 172 shares of the company’s stock valued at $35,000 after acquiring an additional 100 shares during the last quarter. Concourse Financial Group Securities Inc. purchased a new position in SPDR NYSE Technology ETF in the fourth quarter valued at $54,000. Avior Wealth Management LLC purchased a new position in shares of SPDR NYSE Technology ETF during the fourth quarter worth about $89,000. Activest Wealth Management purchased a new position in shares of SPDR NYSE Technology ETF during the fourth quarter worth about $121,000. Finally, GeoWealth Management LLC grew its holdings in shares of SPDR NYSE Technology ETF by 17.8% during the fourth quarter. GeoWealth Management LLC now owns 799 shares of the company’s stock worth $161,000 after buying an additional 121 shares during the last quarter.

SPDR NYSE Technology ETF Stock Down 0.9%

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

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.