Thurston Springer Miller Herd & Titak Inc. Boosts Stake in SPDR NYSE Technology ETF $XNTK

Thurston Springer Miller Herd & Titak Inc. raised its position in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 1,050.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 138 shares of the company’s stock after buying an additional 126 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in SPDR NYSE Technology ETF were worth $33,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of XNTK. Financial Gravity Asset Management Inc. acquired a new position in SPDR NYSE Technology ETF in the first quarter worth about $28,000. Mascagni Wealth Management Inc. acquired a new position in SPDR NYSE Technology ETF in the fourth quarter worth about $93,000. Western Wealth Management LLC bought a new position in SPDR NYSE Technology ETF in the first quarter worth about $203,000. LVM Capital Management Ltd. MI bought a new position in SPDR NYSE Technology ETF in the first quarter worth about $222,000. Finally, Alpha Cubed Investments LLC lifted its holdings in SPDR NYSE Technology ETF by 9.0% in the first quarter. Alpha Cubed Investments LLC now owns 1,214 shares of the company’s stock worth $233,000 after acquiring an additional 100 shares during the last quarter.

SPDR NYSE Technology ETF Stock Up 1.9%

Shares of NYSEARCA XNTK opened at $267.82 on Friday. The firm’s 50-day moving average price is $243.80 and its two-hundred day moving average price is $219.91. SPDR NYSE Technology ETF has a 52-week low of $159.43 and a 52-week high of $269.10. The stock has a market capitalization of $1.35 billion, a P/E ratio of 31.16 and a beta of 1.23.

About SPDR NYSE Technology ETF

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.