NewEdge Advisors LLC Has $18.06 Million Holdings in SPDR NYSE Technology ETF $XNTK

NewEdge Advisors LLC increased its position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 34,145.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,232 shares of the company’s stock after purchasing an additional 46,097 shares during the period. NewEdge Advisors LLC owned about 0.75% of SPDR NYSE Technology ETF worth $18,061,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of XNTK. Auto Owners Insurance Co boosted its stake in SPDR NYSE Technology ETF by 30,856.8% during the fourth quarter. Auto Owners Insurance Co now owns 404,760,008 shares of the company’s stock worth $112,474,711,000 after buying an additional 403,452,508 shares in the last quarter. Global Assets Advisory LLC acquired a new position in shares of SPDR NYSE Technology ETF in the 1st quarter valued at $67,526,000. LPL Financial LLC raised its stake in shares of SPDR NYSE Technology ETF by 23.6% in the 4th quarter. LPL Financial LLC now owns 254,253 shares of the company’s stock valued at $70,652,000 after buying an additional 48,595 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of SPDR NYSE Technology ETF by 35.1% in the 4th quarter. Wells Fargo & Company MN now owns 193,410 shares of the company’s stock valued at $53,745,000 after buying an additional 50,254 shares in the last quarter. Finally, Melone Private Wealth LLC bought a new position in shares of SPDR NYSE Technology ETF during the 2nd quarter worth about $66,253,000.

SPDR NYSE Technology ETF Stock Performance

Shares of SPDR NYSE Technology ETF stock opened at $356.21 on Friday. The firm’s 50-day simple moving average is $355.12 and its 200-day simple moving average is $329.16. SPDR NYSE Technology ETF has a twelve month low of $242.73 and a twelve month high of $392.44. The firm has a market cap of $2.19 billion, a P/E ratio of 31.16 and a beta of 1.45.

About SPDR NYSE Technology ETF

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.