Kwmg LLC Decreases Position in SPDR FactSet Innovative Technology ETF $XITK

Kwmg LLC trimmed its holdings in shares of SPDR FactSet Innovative Technology ETF (NYSEARCA:XITK) by 39.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 6,937 shares of the company’s stock after selling 4,586 shares during the period. Kwmg LLC’s holdings in SPDR FactSet Innovative Technology ETF were worth $1,238,000 as of its most recent SEC filing.

Separately, Raymond James Financial Inc. purchased a new stake in SPDR FactSet Innovative Technology ETF in the second quarter valued at about $142,000.

SPDR FactSet Innovative Technology ETF Stock Performance

Shares of NYSEARCA XITK opened at $146.30 on Thursday. SPDR FactSet Innovative Technology ETF has a fifty-two week low of $138.01 and a fifty-two week high of $196.86. The company has a market cap of $61.45 million, a PE ratio of 27.20 and a beta of 1.23. The business has a 50-day simple moving average of $154.64 and a two-hundred day simple moving average of $173.22.

SPDR FactSet Innovative Technology ETF Company Profile

The SPDR FactSet Innovative Technology ETF (XITK) is an exchange-traded fund that is based on the FactSet Innovative Technology index. The fund tracks an index composed of US-listed technology and electronic media companies deemed innovative or disruptive by FactSet. XITK was launched on Jan 13, 2016 and is managed by State Street.