Janney Montgomery Scott LLC Increases Stock Position in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Janney Montgomery Scott LLC boosted its position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 3.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,579 shares of the company’s stock after purchasing an additional 82 shares during the period. Janney Montgomery Scott LLC owned about 0.06% of SPDR NYSE Technology ETF worth $495,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its position in SPDR NYSE Technology ETF by 21.7% in the 4th quarter. Jones Financial Companies Lllp now owns 949 shares of the company’s stock valued at $191,000 after buying an additional 169 shares during the period. Raymond James Financial Inc. purchased a new stake in SPDR NYSE Technology ETF during the fourth quarter valued at approximately $1,538,000. Independent Advisor Alliance purchased a new stake in SPDR NYSE Technology ETF during the fourth quarter valued at approximately $939,000. Harbour Investments Inc. lifted its position in SPDR NYSE Technology ETF by 138.9% during 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. Finally, Axxcess Wealth Management LLC lifted its position in SPDR NYSE Technology ETF by 5.7% during the fourth quarter. Axxcess Wealth Management LLC now owns 3,725 shares of the company’s stock valued at $752,000 after acquiring an additional 200 shares during the last quarter.

SPDR NYSE Technology ETF Trading Up 1.0%

Shares of SPDR NYSE Technology ETF stock opened at $237.25 on Friday. SPDR NYSE Technology ETF has a 12-month low of $159.43 and a 12-month high of $237.66. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 31.16 and a beta of 1.23. The firm’s 50 day simple moving average is $218.56 and its two-hundred day simple moving average is $207.87.

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.