169,598 Shares in SPDR NYSE Technology ETF $XNTK Bought by Melone Private Wealth LLC

Melone Private Wealth LLC bought a new position in SPDR NYSE Technology ETF (NYSEARCA:XNTK) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 169,598 shares of the company’s stock, valued at approximately $66,253,000. SPDR NYSE Technology ETF accounts for 20.5% of Melone Private Wealth LLC’s investment portfolio, making the stock its biggest position.

A number of other large investors have also recently made changes to their positions in the stock. UBS Group AG grew its stake in SPDR NYSE Technology ETF by 63.2% in the fourth quarter. UBS Group AG now owns 75,060 shares of the company’s stock worth $20,858,000 after purchasing an additional 29,074 shares in the last quarter. Independent Wealth Network Inc. purchased a new position in SPDR NYSE Technology ETF during the 1st quarter worth approximately $876,000. GoalVest Advisory LLC boosted its stake in shares of SPDR NYSE Technology ETF by 6.3% in the second quarter. GoalVest Advisory LLC now owns 59,120 shares of the company’s stock worth $23,095,000 after buying an additional 3,506 shares during the last quarter. Gentry Private Wealth LLC increased its holdings in SPDR NYSE Technology ETF by 25.2% in the first quarter. Gentry Private Wealth LLC now owns 22,009 shares of the company’s stock valued at $5,618,000 after buying an additional 4,435 shares in the last quarter. Finally, AlTi Global Inc. raised its stake in shares of SPDR NYSE Technology ETF by 697.7% during the 1st quarter. AlTi Global Inc. now owns 106,824 shares of the company’s stock worth $27,270,000 after buying an additional 93,433 shares during the period.

SPDR NYSE Technology ETF Price Performance

NYSEARCA XNTK opened at $361.40 on Friday. SPDR NYSE Technology ETF has a 1-year low of $241.86 and a 1-year high of $392.44. The company has a market cap of $2.22 billion, a PE ratio of 31.16 and a beta of 1.45. The stock’s 50 day simple moving average is $356.45 and its 200-day simple moving average is $326.14.

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.