Wells Fargo & Company MN boosted its holdings in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 7.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 94,813 shares of the company’s stock after purchasing an additional 6,626 shares during the quarter. Wells Fargo & Company MN’s holdings in SPDR NYSE Technology ETF were worth $6,940,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Key Financial Inc bought a new stake in shares of SPDR NYSE Technology ETF in the 1st quarter worth about $40,000. Procyon Private Wealth Partners LLC acquired a new position in SPDR NYSE Technology ETF in the fourth quarter worth about $41,000. WASHINGTON TRUST Co bought a new stake in SPDR NYSE Technology ETF in the first quarter valued at about $44,000. Baird Financial Group Inc. raised its stake in SPDR NYSE Technology ETF by 3.6% during the fourth quarter. Baird Financial Group Inc. now owns 3,374 shares of the company’s stock valued at $276,000 after buying an additional 116 shares in the last quarter. Finally, Belpointe Asset Management LLC raised its stake in SPDR NYSE Technology ETF by 20.4% during the fourth quarter. Belpointe Asset Management LLC now owns 5,250 shares of the company’s stock valued at $429,000 after buying an additional 889 shares in the last quarter.
Shares of NYSEARCA XNTK opened at $97.04 on Wednesday. SPDR NYSE Technology ETF has a twelve month low of $61.25 and a twelve month high of $100.13. The business has a 50 day simple moving average of $92.85 and a 200-day simple moving average of $84.65.
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.
Further Reading: Nikkei 225 Index
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