19,636 Shares in SPDR FactSet Innovative Technology ETF $XITK Acquired by Harbour Wealth Management Group Inc.

Harbour Wealth Management Group Inc. bought a new stake in SPDR FactSet Innovative Technology ETF (NYSEARCA:XITK) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,636 shares of the company’s stock, valued at approximately $3,503,000. SPDR FactSet Innovative Technology ETF makes up 2.7% of Harbour Wealth Management Group Inc.’s holdings, making the stock its 8th biggest position.

Several other large investors also recently added to or reduced their stakes in XITK. LPL Financial LLC increased its stake in shares of SPDR FactSet Innovative Technology ETF by 5.1% in the 4th quarter. LPL Financial LLC now owns 31,121 shares of the company’s stock worth $5,553,000 after acquiring an additional 1,516 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of SPDR FactSet Innovative Technology ETF by 84.9% in the fourth quarter. Royal Bank of Canada now owns 14,830 shares of the company’s stock valued at $2,646,000 after purchasing an additional 6,810 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of SPDR FactSet Innovative Technology ETF by 188.4% in the third quarter. Ameriprise Financial Inc. now owns 12,124 shares of the company’s stock valued at $2,309,000 after purchasing an additional 7,920 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in SPDR FactSet Innovative Technology ETF by 15,685.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 8,840 shares of the company’s stock worth $1,577,000 after purchasing an additional 8,784 shares during the last quarter. Finally, Osaic Holdings Inc. increased its position in SPDR FactSet Innovative Technology ETF by 72.2% during the fourth quarter. Osaic Holdings Inc. now owns 3,725 shares of the company’s stock worth $665,000 after purchasing an additional 1,562 shares during the last quarter.

SPDR FactSet Innovative Technology ETF Price Performance

Shares of XITK stock opened at $193.12 on Friday. The firm’s 50-day moving average is $183.22 and its two-hundred day moving average is $171.26. SPDR FactSet Innovative Technology ETF has a 12 month low of $141.05 and a 12 month high of $211.23. The company has a market capitalization of $67.59 million, a PE ratio of 27.20 and a beta of 1.31.

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.