UBS Group AG Increases Stock Position in SPDR NYSE Technology ETF $XNTK

UBS Group AG raised its position in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 63.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 75,060 shares of the company’s stock after buying an additional 29,074 shares during the quarter. UBS Group AG owned approximately 1.33% of SPDR NYSE Technology ETF worth $20,858,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of XNTK. New Harbor Financial Group LLC grew its position in SPDR NYSE Technology ETF by 2.6% in the 3rd quarter. New Harbor Financial Group LLC now owns 102,554 shares of the company’s stock valued at $27,918,000 after buying an additional 2,622 shares during the last quarter. Elevation Capital Advisory LLC purchased a new stake in shares of SPDR NYSE Technology ETF in the fourth quarter valued at about $722,000. Pinion Investment Advisors LLC increased its stake in shares of SPDR NYSE Technology ETF by 10.1% during the fourth quarter. Pinion Investment Advisors LLC now owns 20,823 shares of the company’s stock worth $5,786,000 after acquiring an additional 1,911 shares during the period. Gentry Private Wealth LLC increased its stake in shares of SPDR NYSE Technology ETF by 42.0% during the fourth quarter. Gentry Private Wealth LLC now owns 17,574 shares of the company’s stock worth $4,883,000 after acquiring an additional 5,200 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in SPDR NYSE Technology ETF by 296.6% during the third quarter. Envestnet Asset Management Inc. now owns 37,054 shares of the company’s stock worth $10,087,000 after purchasing an additional 27,711 shares in the last quarter.

SPDR NYSE Technology ETF Stock Up 0.6%

Shares of NYSEARCA:XNTK opened at $342.71 on Tuesday. The company has a market cap of $1.99 billion, a P/E ratio of 31.16 and a beta of 1.41. SPDR NYSE Technology ETF has a 52 week low of $211.86 and a 52 week high of $343.43. The company has a 50-day moving average price of $281.49 and a 200 day moving average price of $279.70.

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.