SPDR NYSE Technology ETF $XNTK Shares Bought by AlTi Global Inc.

AlTi Global Inc. grew its holdings in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 697.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 106,824 shares of the company’s stock after purchasing an additional 93,433 shares during the period. SPDR NYSE Technology ETF makes up 0.6% of AlTi Global Inc.’s portfolio, making the stock its 25th biggest holding. AlTi Global Inc. owned 1.84% of SPDR NYSE Technology ETF worth $27,270,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in XNTK. IFC & Insurance Marketing Inc. acquired a new stake in shares of SPDR NYSE Technology ETF during the fourth quarter worth $25,000. Allspring Global Investments Holdings LLC acquired a new position in shares of SPDR NYSE Technology ETF in the 4th quarter valued at $28,000. Qube Research & Technologies Ltd boosted its position in shares of SPDR NYSE Technology ETF by 351.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 149 shares of the company’s stock valued at $35,000 after purchasing an additional 116 shares during the period. Realta Investment Advisors increased its stake in SPDR NYSE Technology ETF by 41.7% in the 4th quarter. Realta Investment Advisors now owns 170 shares of the company’s stock worth $47,000 after purchasing an additional 50 shares in the last quarter. Finally, Fifth Third Bancorp purchased a new position in SPDR NYSE Technology ETF in the 1st quarter worth about $58,000.

SPDR NYSE Technology ETF Stock Performance

NYSEARCA XNTK opened at $341.34 on Monday. SPDR NYSE Technology ETF has a 1 year low of $230.00 and a 1 year high of $392.44. The company has a market cap of $2.08 billion, a PE ratio of 31.16 and a beta of 1.43. The stock’s 50-day moving average price is $362.79 and its two-hundred day moving average price is $308.55.

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.