1,313,983 Shares in SPDR NYSE Technology ETF $XNTK Acquired by SoundView Advisors Inc.

SoundView Advisors Inc. bought a new stake in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,313,983 shares of the company’s stock, valued at approximately $357,706,000. SPDR NYSE Technology ETF comprises approximately 50.2% of SoundView Advisors Inc.’s holdings, making the stock its largest position. SoundView Advisors Inc. owned about 26.17% of SPDR NYSE Technology ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Jones Financial Companies Lllp raised its holdings in SPDR NYSE Technology ETF by 6,318.9% in the 1st quarter. Jones Financial Companies Lllp now owns 60,915 shares of the company’s stock worth $11,684,000 after purchasing an additional 59,966 shares during the period. Kestra Advisory Services LLC purchased a new stake in SPDR NYSE Technology ETF in the first quarter worth about $11,210,000. New Harbor Financial Group LLC raised its stake in shares of SPDR NYSE Technology ETF by 72.7% in the second quarter. New Harbor Financial Group LLC now owns 99,932 shares of the company’s stock worth $23,712,000 after buying an additional 42,078 shares during the period. Auto Owners Insurance Co lifted its position in shares of SPDR NYSE Technology ETF by 2.7% during the 2nd quarter. Auto Owners Insurance Co now owns 1,520,500 shares of the company’s stock valued at $360,784,000 after buying an additional 39,400 shares in the last quarter. Finally, Royal Bank of Canada lifted its position in shares of SPDR NYSE Technology ETF by 52.6% during the 1st quarter. Royal Bank of Canada now owns 19,737 shares of the company’s stock valued at $3,786,000 after buying an additional 6,800 shares in the last quarter.

SPDR NYSE Technology ETF Trading Up 2.3%

SPDR NYSE Technology ETF stock opened at $279.37 on Friday. SPDR NYSE Technology ETF has a 12-month low of $159.43 and a 12-month high of $295.79. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 31.16 and a beta of 1.31. The firm has a 50 day moving average of $279.10 and a 200 day moving average of $257.01.

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.