Cavalier Investments LLC Sells 2,060 Shares of SPDR NYSE Technology ETF $XNTK

Cavalier Investments LLC trimmed its stake in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 15.7% during the third quarter, Holdings Channel reports. The firm owned 11,050 shares of the company’s stock after selling 2,060 shares during the period. SPDR NYSE Technology ETF comprises 0.2% of Cavalier Investments LLC’s holdings, making the stock its 26th biggest holding. Cavalier Investments LLC’s holdings in SPDR NYSE Technology ETF were worth $3,008,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Bank of America Corp DE raised its holdings in shares of SPDR NYSE Technology ETF by 22.2% in the 3rd quarter. Bank of America Corp DE now owns 62,896 shares of the company’s stock worth $17,122,000 after buying an additional 11,447 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of SPDR NYSE Technology ETF by 4.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 40,758 shares of the company’s stock worth $11,270,000 after buying an additional 1,576 shares during the period. Creative Planning boosted its stake in SPDR NYSE Technology ETF by 12.6% in the 3rd quarter. Creative Planning now owns 2,725 shares of the company’s stock valued at $742,000 after buying an additional 305 shares in the last quarter. 17 Capital Partners LLC boosted its stake in SPDR NYSE Technology ETF by 10.7% in the 3rd quarter. 17 Capital Partners LLC now owns 4,123 shares of the company’s stock valued at $1,122,000 after buying an additional 400 shares in the last quarter. Finally, Raymond James Financial Inc. grew its position in SPDR NYSE Technology ETF by 236.2% in the third quarter. Raymond James Financial Inc. now owns 29,920 shares of the company’s stock valued at $8,145,000 after acquiring an additional 21,021 shares during the period.

SPDR NYSE Technology ETF Price Performance

SPDR NYSE Technology ETF stock opened at $264.36 on Friday. The stock has a fifty day moving average price of $275.47 and a two-hundred day moving average price of $274.09. SPDR NYSE Technology ETF has a 52-week low of $159.43 and a 52-week high of $295.79. The firm has a market capitalization of $1.50 billion, a P/E ratio of 31.16 and a beta of 1.31.

SPDR NYSE Technology ETF Company 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.