Moloney Securities Asset Management LLC Decreases Stock Holdings in SPDR FactSet Innovative Technology ETF (NYSEARCA:XITK)

Moloney Securities Asset Management LLC lessened its stake in shares of SPDR FactSet Innovative Technology ETF (NYSEARCA:XITK) by 15.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 2,080 shares of the company’s stock after selling 383 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in SPDR FactSet Innovative Technology ETF were worth $362,000 as of its most recent filing with the Securities & Exchange Commission.

SPDR FactSet Innovative Technology ETF Stock Up 1.4 %

XITK opened at $193.11 on Tuesday. The stock has a market capitalization of $135.18 million, a price-to-earnings ratio of 35.42 and a beta of 1.85. The firm has a 50 day moving average price of $182.49 and a 200-day moving average price of $164.95. SPDR FactSet Innovative Technology ETF has a twelve month low of $129.47 and a twelve month high of $193.49.

SPDR FactSet Innovative Technology ETF 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.