Quantinno Capital Management LP lifted its holdings in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK – Free Report) by 623.1% during the 1st quarter, HoldingsChannel.com reports. The fund owned 9,162 shares of the company’s stock after buying an additional 7,895 shares during the period. Quantinno Capital Management LP’s holdings in SPDR NYSE Technology ETF were worth $2,339,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. IFC & Insurance Marketing Inc. purchased a new position in SPDR NYSE Technology ETF in the fourth quarter valued at about $25,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of SPDR NYSE Technology ETF during the 4th quarter valued at about $28,000. 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 acquiring an additional 116 shares in the last quarter. Fifth Third Bancorp purchased a new position in SPDR NYSE Technology ETF in the 1st quarter worth approximately $58,000. Finally, REAP Financial Group LLC purchased a new position in SPDR NYSE Technology ETF in the 4th quarter worth approximately $70,000.
SPDR NYSE Technology ETF Stock Down 0.5%
XNTK opened at $360.76 on Tuesday. The firm has a market capitalization of $2.22 billion, a P/E ratio of 31.16 and a beta of 1.45. The firm’s 50 day moving average is $361.82 and its 200-day moving average is $315.58. SPDR NYSE Technology ETF has a 52-week low of $232.82 and a 52-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.
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Want to see what other hedge funds are holding XNTK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR NYSE Technology ETF (NYSEARCA:XNTK – Free Report).
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