Park Avenue Securities LLC Acquires 3,969 Shares of SPDR NYSE Technology ETF $XNTK

Park Avenue Securities LLC bought a new position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,969 shares of the company’s stock, valued at approximately $1,517,000. Park Avenue Securities LLC owned 0.07% of SPDR NYSE Technology ETF at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. SFG Wealth Management LLC. boosted its position in SPDR NYSE Technology ETF by 2.9% during the third quarter. SFG Wealth Management LLC. now owns 13,472 shares of the company’s stock worth $5,149,000 after purchasing an additional 376 shares in the last quarter. Beaumont Financial Advisors LLC increased its stake in SPDR NYSE Technology ETF by 1.7% during the third quarter. Beaumont Financial Advisors LLC now owns 30,817 shares of the company’s stock worth $11,778,000 after acquiring an additional 508 shares during the last quarter. Axxcess Wealth Management LLC increased its position in shares of SPDR NYSE Technology ETF by 4.7% in the third quarter. Axxcess Wealth Management LLC now owns 3,925 shares of the company’s stock worth $1,500,000 after acquiring an additional 175 shares in the last quarter. Independent Wealth Network Inc. boosted its position in shares of SPDR NYSE Technology ETF by 18.5% in the third quarter. Independent Wealth Network Inc. now owns 3,834 shares of the company’s stock worth $1,465,000 after buying an additional 598 shares during the period. Finally, GoalVest Advisory LLC grew its position in SPDR NYSE Technology ETF by 1.4% in the third quarter. GoalVest Advisory LLC now owns 59,968 shares of the company’s stock valued at $22,919,000 after acquiring an additional 848 shares in the last quarter.

SPDR NYSE Technology ETF Price Performance

Shares of XNTK stock opened at $333.18 on Monday. SPDR NYSE Technology ETF has a 12 month low of $242.73 and a 12 month high of $395.35. The company’s fifty day moving average price is $365.91 and its two-hundred day moving average price is $329.01. The firm has a market capitalization of $1.78 billion, a P/E ratio of 31.16 and a beta of 1.45.

SPDR NYSE Technology ETF Company 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.