Private Portfolio Partners LLC Has $320,000 Position in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Private Portfolio Partners LLC lifted its holdings in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 26.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,586 shares of the company’s stock after buying an additional 328 shares during the period. Private Portfolio Partners LLC’s holdings in SPDR NYSE Technology ETF were worth $320,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Harbour Investments Inc. boosted its position in SPDR NYSE Technology ETF by 138.9% during the 4th quarter. Harbour Investments Inc. now owns 172 shares of the company’s stock worth $35,000 after acquiring an additional 100 shares during the period. Global Wealth Strategies & Associates purchased a new stake in shares of SPDR NYSE Technology ETF in the fourth quarter worth approximately $81,000. Avior Wealth Management LLC acquired a new stake in shares of SPDR NYSE Technology ETF during the fourth quarter worth approximately $89,000. Activest Wealth Management purchased a new position in SPDR NYSE Technology ETF during the fourth quarter valued at approximately $121,000. Finally, Jones Financial Companies Lllp increased its stake in SPDR NYSE Technology ETF by 21.7% in the 4th quarter. Jones Financial Companies Lllp now owns 949 shares of the company’s stock valued at $191,000 after buying an additional 169 shares during the period.

SPDR NYSE Technology ETF Stock Up 0.7 %

XNTK stock opened at $195.17 on Thursday. The company has a 50 day moving average of $208.24 and a two-hundred day moving average of $205.03. The company has a market cap of $839.23 million, a price-to-earnings ratio of 28.85 and a beta of 1.27. SPDR NYSE Technology ETF has a 12-month low of $162.85 and a 12-month high of $228.88.

SPDR NYSE Technology ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were issued a dividend of $0.1046 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.