Private Wealth Group LLC Buys 1,437 Shares of SPDR NYSE Technology ETF $XNTK

Private Wealth Group LLC raised its stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 59.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 3,874 shares of the company’s stock after acquiring an additional 1,437 shares during the period. SPDR NYSE Technology ETF comprises about 0.5% of Private Wealth Group LLC’s investment portfolio, making the stock its 29th largest position. Private Wealth Group LLC’s holdings in SPDR NYSE Technology ETF were worth $919,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its position in shares of SPDR NYSE Technology ETF by 6.8% during the 2nd quarter. Janney Montgomery Scott LLC now owns 2,754 shares of the company’s stock valued at $653,000 after purchasing an additional 175 shares in the last quarter. Westmount Partners LLC bought a new stake in shares of SPDR NYSE Technology ETF during the 2nd quarter valued at about $245,000. Good Steward Wealth Advisors LLC bought a new stake in shares of SPDR NYSE Technology ETF during the 2nd quarter valued at about $237,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of SPDR NYSE Technology ETF by 1,050.0% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 138 shares of the company’s stock valued at $33,000 after purchasing an additional 126 shares in the last quarter. Finally, LVM Capital Management Ltd. MI boosted its position in shares of SPDR NYSE Technology ETF by 141.7% during the 2nd quarter. LVM Capital Management Ltd. MI now owns 2,799 shares of the company’s stock valued at $664,000 after purchasing an additional 1,641 shares in the last quarter.

SPDR NYSE Technology ETF Price Performance

Shares of SPDR NYSE Technology ETF stock opened at $278.45 on Friday. SPDR NYSE Technology ETF has a one year low of $159.43 and a one year high of $281.25. The stock’s 50-day moving average is $251.18 and its 200 day moving average is $225.73. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 31.16 and a beta of 1.23.

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.