Gentry Private Wealth LLC Acquires 4,435 Shares of SPDR NYSE Technology ETF $XNTK

Gentry Private Wealth LLC lifted its holdings in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 25.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,009 shares of the company’s stock after purchasing an additional 4,435 shares during the quarter. SPDR NYSE Technology ETF accounts for approximately 3.4% of Gentry Private Wealth LLC’s investment portfolio, making the stock its 4th biggest holding. Gentry Private Wealth LLC’s holdings in SPDR NYSE Technology ETF were worth $5,618,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Royal Bank of Canada grew its position in SPDR NYSE Technology ETF by 52.6% in the first quarter. Royal Bank of Canada now owns 19,737 shares of the company’s stock valued at $3,786,000 after purchasing an additional 6,800 shares in the last quarter. Qube Research & Technologies Ltd lifted its position in SPDR NYSE Technology ETF by 351.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 149 shares of the company’s stock worth $35,000 after buying an additional 116 shares in the last quarter. Quantinno Capital Management LP bought a new stake in SPDR NYSE Technology ETF during the 2nd quarter worth about $303,000. Raymond James Financial Inc. boosted its stake in shares of SPDR NYSE Technology ETF by 17.6% during the 2nd quarter. Raymond James Financial Inc. now owns 8,899 shares of the company’s stock worth $2,112,000 after buying an additional 1,333 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of SPDR NYSE Technology ETF by 3.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 39,182 shares of the company’s stock worth $9,295,000 after buying an additional 1,353 shares during the last quarter.

SPDR NYSE Technology ETF Price Performance

Shares of NYSEARCA XNTK opened at $356.46 on Thursday. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of 31.16 and a beta of 1.43. The business has a 50-day moving average of $362.42 and a 200-day moving average of $307.68. SPDR NYSE Technology ETF has a fifty-two week low of $230.00 and a fifty-two week high of $392.44.

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.