Fortitude Family Office LLC Acquires Shares of 1,000 SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Fortitude Family Office LLC bought a new position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,000 shares of the company’s stock, valued at approximately $202,000.

A number of other large investors also recently modified their holdings of the stock. Global Wealth Strategies & Associates bought a new position in SPDR NYSE Technology ETF in the 4th quarter worth approximately $81,000. Apollon Financial LLC acquired a new stake in shares of SPDR NYSE Technology ETF in the 3rd quarter valued at $200,000. Kayne Anderson Rudnick Investment Management LLC bought a new stake in shares of SPDR NYSE Technology ETF during the second quarter worth $205,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of SPDR NYSE Technology ETF during the third quarter valued at $242,000. Finally, FMR LLC boosted its holdings in SPDR NYSE Technology ETF by 15.2% in the third quarter. FMR LLC now owns 1,283 shares of the company’s stock valued at $253,000 after acquiring an additional 169 shares during the last quarter.

SPDR NYSE Technology ETF Stock Down 0.6 %

Shares of XNTK stock opened at $205.61 on Friday. The firm has a market cap of $896.46 million, a price-to-earnings ratio of 42.29 and a beta of 1.53. SPDR NYSE Technology ETF has a 12 month low of $159.87 and a 12 month high of $214.47. The stock has a 50-day moving average price of $206.46 and a 200 day moving average price of $196.93.

SPDR NYSE Technology ETF Profile

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.