SPDR NYSE Technology ETF (NYSEARCA:XNTK) Holdings Raised by LPL Financial LLC

LPL Financial LLC increased its position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 33.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 188,857 shares of the company’s stock after purchasing an additional 47,620 shares during the quarter. LPL Financial LLC owned 4.33% of SPDR NYSE Technology ETF worth $38,115,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. FMR LLC lifted its position in shares of SPDR NYSE Technology ETF by 15.2% in the 3rd quarter. FMR LLC now owns 1,283 shares of the company’s stock worth $253,000 after buying an additional 169 shares during the last quarter. Captrust Financial Advisors raised its stake in SPDR NYSE Technology ETF by 1.7% during the third quarter. Captrust Financial Advisors now owns 4,958 shares of the company’s stock worth $979,000 after acquiring an additional 82 shares during the period. IHT Wealth Management LLC lifted its holdings in SPDR NYSE Technology ETF by 2.7% in the third quarter. IHT Wealth Management LLC now owns 3,614 shares of the company’s stock worth $714,000 after acquiring an additional 95 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in SPDR NYSE Technology ETF by 13.9% in the third quarter. JPMorgan Chase & Co. now owns 1,395 shares of the company’s stock valued at $276,000 after acquiring an additional 170 shares during the period. Finally, Global Wealth Strategies & Associates bought a new position in shares of SPDR NYSE Technology ETF during the fourth quarter valued at approximately $81,000.

SPDR NYSE Technology ETF Trading Down 3.0 %

Shares of NYSEARCA XNTK opened at $192.52 on Friday. SPDR NYSE Technology ETF has a 12-month low of $162.85 and a 12-month high of $228.88. The company has a market cap of $827.84 million, a price-to-earnings ratio of 28.86 and a beta of 1.27. The stock’s 50 day simple moving average is $209.43 and its 200 day simple moving average is $204.72.

SPDR NYSE Technology ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were paid a $0.1046 dividend. The ex-dividend date 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.