Shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK – Get Free Report ) fell sharply before the market opened on Friday. The stock opened at $199.65 after previously closing at $204.18. Shares of SPDR NYSE Technology ETF last traded at $199.65 with trading volume of 129 shares.
SPDR NYSE Technology ETF trades up 0.8%
The company’s 50-day moving average price is $190.27 and its 200-day moving average price is $180.30.The company has a market capitalization of $877.8 million, a price-to-earnings ratio of 42.29 and a beta of 1.53.
SPDR NYSE Technology ETF Institutional Trading
Several large investors recently modified their holdings of the company’s stock. Tortoise Investment Management LLC acquired a new position in SPDR NYSE Technology ETF in the fourth quarter worth approximately $31,000. Able Wealth Management LLC acquired a new position in SPDR NYSE Technology ETF in the fourth quarter worth $41,000. Creative Financial Designs Inc. ADV acquired a new position in SPDR NYSE Technology ETF in the fourth quarter worth $50,000. CWM LLC increased its position in SPDR NYSE Technology ETF by 57.6% during the second quarter. CWM LLC now owns 832 shares of the company’s stock, valued at $163,000, after purchasing an additional 304 shares during the period. Finally, PCG Wealth Advisors LLC acquired a new position in SPDR NYSE Technology ETF in the first quarter worth $206,000.
About SPDR NYSE Technology ETF
(Get your free report)
The SPDR Morgan Stanley Technology ETF (the Fund) seeks to closely match the returns and characteristics of the Morgan Stanley Technology Index, which is composed of purely electronics-based technology companies. The Technology Index is composed of companies in the following technology subsectors: computer services, design software, server software, personal computer (PC) software and new media, network and communications equipment, server hardware, PC hardware and peripherals, specialized systems, and semiconductors.
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