SPDR NYSE Technology ETF (NYSEARCA:XNTK) Reaches New 1-Year High at $197.83

SPDR NYSE Technology ETF (NYSEARCA:XNTK)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $197.83 and last traded at $197.58, with a volume of 5422 shares traded. The stock had previously closed at $196.86.

SPDR NYSE Technology ETF Stock Up 0.4 %

The company has a market cap of $861.97 million, a P/E ratio of 42.29 and a beta of 1.53. The business has a fifty day moving average price of $181.53 and a 200-day moving average price of $175.28.

Institutional Investors Weigh In On SPDR NYSE Technology ETF

Institutional investors have recently made changes to their positions in the stock. Tortoise Investment Management LLC bought a new stake in shares of SPDR NYSE Technology ETF in the fourth quarter valued at approximately $34,000. Able Wealth Management LLC bought a new stake in shares of SPDR NYSE Technology ETF in the fourth quarter valued at approximately $41,000. Creative Financial Designs Inc. ADV bought a new stake in SPDR NYSE Technology ETF during the fourth quarter worth $50,000. PCG Wealth Advisors LLC bought a new stake in SPDR NYSE Technology ETF during the first quarter worth $206,000. Finally, Chatham Capital Group Inc. bought a new stake in SPDR NYSE Technology ETF during the first quarter worth $210,000.

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.