Fortitude Advisory Group L.L.C. Makes New Investment in SPDR NYSE Technology ETF $XNTK

Fortitude Advisory Group L.L.C. purchased a new position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,742 shares of the company’s stock, valued at approximately $413,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of SPDR NYSE Technology ETF by 20.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,473 shares of the company’s stock worth $283,000 after buying an additional 247 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of SPDR NYSE Technology ETF by 3.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 2,579 shares of the company’s stock worth $495,000 after buying an additional 82 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of SPDR NYSE Technology ETF by 1,050.0% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 138 shares of the company’s stock worth $33,000 after buying an additional 126 shares in the last quarter. Blair William & Co. IL lifted its holdings in shares of SPDR NYSE Technology ETF by 9.8% in the 1st quarter. Blair William & Co. IL now owns 2,019 shares of the company’s stock worth $387,000 after purchasing an additional 180 shares in the last quarter. Finally, Foundations Investment Advisors LLC bought a new position in shares of SPDR NYSE Technology ETF in the 1st quarter worth $432,000.

SPDR NYSE Technology ETF Stock Down 0.5%

Shares of XNTK opened at $278.45 on Friday. SPDR NYSE Technology ETF has a 12-month low of $159.43 and a 12-month high of $281.25. The business’s fifty day moving average is $251.18 and its 200 day moving average is $225.73. The stock has a market cap of $1.41 billion, a P/E ratio of 31.16 and a beta of 1.23.

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.