SPDR NYSE Technology ETF (NYSEARCA:XNTK) Shares Sold by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. lessened its holdings in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 5.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,632 shares of the company’s stock after selling 480 shares during the quarter. Koshinski Asset Management Inc. owned about 0.18% of SPDR NYSE Technology ETF worth $1,540,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Global Wealth Strategies & Associates purchased a new stake in SPDR NYSE Technology ETF during the 4th quarter worth about $81,000. Apollon Financial LLC purchased a new stake in shares of SPDR NYSE Technology ETF during the third quarter worth approximately $200,000. Fortitude Family Office LLC acquired a new stake in SPDR NYSE Technology ETF in the fourth quarter valued at approximately $202,000. Kayne Anderson Rudnick Investment Management LLC purchased a new position in SPDR NYSE Technology ETF in the second quarter worth approximately $205,000. Finally, Client 1ST Advisory Group LLC purchased a new position in SPDR NYSE Technology ETF in the fourth quarter worth approximately $224,000.

SPDR NYSE Technology ETF Trading Up 1.2 %

Shares of XNTK opened at $212.84 on Wednesday. The firm has a market capitalization of $927.98 million, a price-to-earnings ratio of 42.29 and a beta of 1.53. The firm’s fifty day simple moving average is $206.79 and its 200-day simple moving average is $197.40. SPDR NYSE Technology ETF has a twelve month low of $162.85 and a twelve month high of $214.47.

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.