Axxcess Wealth Management LLC Raises Position in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Axxcess Wealth Management LLC grew its position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 5.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,725 shares of the company’s stock after buying an additional 200 shares during the quarter. Axxcess Wealth Management LLC owned 0.09% of SPDR NYSE Technology ETF worth $752,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. GoalVest Advisory LLC boosted its stake in SPDR NYSE Technology ETF by 2.0% during the 4th quarter. GoalVest Advisory LLC now owns 26,786 shares of the company’s stock valued at $5,406,000 after purchasing an additional 526 shares during the last quarter. Pinion Investment Advisors LLC lifted its holdings in shares of SPDR NYSE Technology ETF by 3.1% during the fourth quarter. Pinion Investment Advisors LLC now owns 13,192 shares of the company’s stock valued at $2,662,000 after purchasing an additional 394 shares in the last quarter. SFG Wealth Management LLC. boosted its position in shares of SPDR NYSE Technology ETF by 3.7% during the fourth quarter. SFG Wealth Management LLC. now owns 13,175 shares of the company’s stock valued at $2,659,000 after buying an additional 465 shares during the last quarter. Gentry Private Wealth LLC increased its holdings in SPDR NYSE Technology ETF by 6.7% in the 3rd quarter. Gentry Private Wealth LLC now owns 9,525 shares of the company’s stock worth $1,881,000 after buying an additional 598 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in SPDR NYSE Technology ETF in the 4th quarter worth about $1,538,000.

SPDR NYSE Technology ETF Stock Performance

XNTK opened at $200.74 on Friday. The company’s 50-day simple moving average is $209.82 and its two-hundred day simple moving average is $203.88. The stock has a market capitalization of $863.18 million, a P/E ratio of 28.86 and a beta of 1.27. SPDR NYSE Technology ETF has a 52-week low of $162.85 and a 52-week high of $228.88.

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.