GoalVest Advisory LLC Has $12.98 Million Stake in SPDR NYSE Technology ETF $XNTK

GoalVest Advisory LLC grew its position in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 25.8% during the 4th quarter, HoldingsChannel reports. The firm owned 46,712 shares of the company’s stock after purchasing an additional 9,574 shares during the quarter. SPDR NYSE Technology ETF comprises about 2.5% of GoalVest Advisory LLC’s portfolio, making the stock its 7th largest holding. GoalVest Advisory LLC’s holdings in SPDR NYSE Technology ETF were worth $12,980,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XNTK. SoundView Advisors Inc. acquired a new position in shares of SPDR NYSE Technology ETF in the 3rd quarter valued at $357,706,000. New Harbor Financial Group LLC raised its stake in SPDR NYSE Technology ETF by 2.6% during the 3rd quarter. New Harbor Financial Group LLC now owns 102,554 shares of the company’s stock worth $27,918,000 after buying an additional 2,622 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in SPDR NYSE Technology ETF by 2.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 68,879 shares of the company’s stock worth $18,751,000 after acquiring an additional 1,755 shares in the last quarter. Bank of America Corp DE lifted its holdings in SPDR NYSE Technology ETF by 22.2% during the third quarter. Bank of America Corp DE now owns 62,896 shares of the company’s stock worth $17,122,000 after acquiring an additional 11,447 shares in the last quarter. Finally, UBS Group AG grew its stake in SPDR NYSE Technology ETF by 18.3% in the third quarter. UBS Group AG now owns 45,986 shares of the company’s stock valued at $12,519,000 after acquiring an additional 7,106 shares during the period.

SPDR NYSE Technology ETF Price Performance

Shares of SPDR NYSE Technology ETF stock opened at $266.45 on Friday. SPDR NYSE Technology ETF has a 1 year low of $159.43 and a 1 year high of $295.79. The business has a 50-day moving average of $274.17 and a two-hundred day moving average of $274.56. The company has a market capitalization of $1.52 billion, a P/E ratio of 31.16 and a beta of 1.31.

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.