Lido Advisors LLC Makes New $507,000 Investment in SPDR NYSE Technology ETF $XNTK

Lido Advisors LLC bought a new position in SPDR NYSE Technology ETF (NYSEARCA:XNTK) during the 1st quarter, HoldingsChannel reports. The fund bought 1,987 shares of the company’s stock, valued at approximately $507,000.

A number of other institutional investors have also recently made changes to their positions in the company. IFC & Insurance Marketing Inc. bought a new position in SPDR NYSE Technology ETF during the fourth quarter valued at approximately $25,000. Allspring Global Investments Holdings LLC bought a new stake in SPDR NYSE Technology ETF in the 4th quarter worth approximately $28,000. Qube Research & Technologies Ltd raised its stake in SPDR NYSE Technology ETF by 351.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 149 shares of the company’s stock valued at $35,000 after buying an additional 116 shares during the last quarter. Realta Investment Advisors raised its stake in SPDR NYSE Technology ETF by 41.7% during the 4th quarter. Realta Investment Advisors now owns 170 shares of the company’s stock valued at $47,000 after buying an additional 50 shares during the last quarter. Finally, Fifth Third Bancorp bought a new position in shares of SPDR NYSE Technology ETF during the 1st quarter valued at $58,000.

SPDR NYSE Technology ETF Stock Performance

XNTK stock opened at $335.90 on Friday. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 31.16 and a beta of 1.43. The business’s 50-day moving average is $362.81 and its two-hundred day moving average is $312.14. SPDR NYSE Technology ETF has a fifty-two week low of $230.00 and a fifty-two week high of $392.44.

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.