Apollon Financial LLC Makes New $200,000 Investment in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Apollon Financial LLC acquired a new stake in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 1,015 shares of the company’s stock, valued at approximately $200,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CWM LLC lifted its stake in shares of SPDR NYSE Technology ETF by 57.6% during the second quarter. CWM LLC now owns 832 shares of the company’s stock worth $163,000 after buying an additional 304 shares during the period. Richard W. Paul & Associates LLC acquired a new position in shares of SPDR NYSE Technology ETF in the second quarter valued at about $165,000. Kayne Anderson Rudnick Investment Management LLC purchased a new position in shares of SPDR NYSE Technology ETF in the second quarter worth about $205,000. Wealth Enhancement Advisory Services LLC purchased a new stake in SPDR NYSE Technology ETF in the third quarter valued at approximately $242,000. Finally, Flynn Zito Capital Management LLC acquired a new position in SPDR NYSE Technology ETF in the 2nd quarter worth approximately $255,000.

SPDR NYSE Technology ETF Price Performance

Shares of SPDR NYSE Technology ETF stock opened at $207.48 on Tuesday. The stock has a market cap of $904.61 million, a PE ratio of 42.29 and a beta of 1.53. The firm has a fifty day moving average price of $195.15 and a 200 day moving average price of $190.15. SPDR NYSE Technology ETF has a 1 year low of $145.84 and a 1 year high of $208.02.

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.