Fmr LLC Raises Position in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Fmr LLC grew its stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 15.2% during the third quarter, Holdings Channel reports. The firm owned 1,283 shares of the company’s stock after purchasing an additional 169 shares during the period. Fmr LLC’s holdings in SPDR NYSE Technology ETF were worth $253,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of XNTK. Apollon Financial LLC bought a new stake in SPDR NYSE Technology ETF in the 3rd quarter worth about $200,000. Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of SPDR NYSE Technology ETF in the second quarter valued at approximately $205,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of SPDR NYSE Technology ETF during the third quarter valued at approximately $242,000. Flynn Zito Capital Management LLC bought a new stake in SPDR NYSE Technology ETF during the second quarter worth $255,000. Finally, Montis Financial LLC purchased a new position in SPDR NYSE Technology ETF in the third quarter worth $275,000.

SPDR NYSE Technology ETF Price Performance

Shares of NYSEARCA:XNTK opened at $205.64 on Friday. The company has a market capitalization of $896.59 million, a PE ratio of 42.29 and a beta of 1.53. SPDR NYSE Technology ETF has a 1 year low of $156.52 and a 1 year high of $214.47. The business has a fifty day moving average price of $204.61 and a two-hundred day moving average price of $195.51.

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.