SFG Wealth Management LLC. Grows Stock Position in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

SFG Wealth Management LLC. boosted its position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 0.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,710 shares of the company’s stock after buying an additional 80 shares during the quarter. SPDR NYSE Technology ETF accounts for approximately 1.3% of SFG Wealth Management LLC.’s investment portfolio, making the stock its 15th largest position. SFG Wealth Management LLC. owned 0.29% of SPDR NYSE Technology ETF worth $2,511,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Axxcess Wealth Management LLC raised its holdings in shares of SPDR NYSE Technology ETF by 2.0% in the first quarter. Axxcess Wealth Management LLC now owns 3,060 shares of the company’s stock worth $558,000 after buying an additional 60 shares during the period. Goodman Advisory Group LLC increased its stake in SPDR NYSE Technology ETF by 4.2% in the second quarter. Goodman Advisory Group LLC now owns 4,346 shares of the company’s stock worth $849,000 after purchasing an additional 176 shares during the period. Cetera Investment Advisers increased its stake in SPDR NYSE Technology ETF by 2.3% in the second quarter. Cetera Investment Advisers now owns 7,823 shares of the company’s stock worth $1,527,000 after purchasing an additional 178 shares during the period. Alpha Cubed Investments LLC lifted its position in shares of SPDR NYSE Technology ETF by 26.7% during the second quarter. Alpha Cubed Investments LLC now owns 1,424 shares of the company’s stock worth $278,000 after purchasing an additional 300 shares during the last quarter. Finally, CWM LLC boosted its stake in shares of SPDR NYSE Technology ETF by 57.6% during the second quarter. CWM LLC now owns 832 shares of the company’s stock valued at $163,000 after purchasing an additional 304 shares during the period.

SPDR NYSE Technology ETF Trading Down 0.6 %

Shares of NYSEARCA XNTK traded down $1.17 during mid-day trading on Friday, reaching $206.63. The company had a trading volume of 1,506 shares, compared to its average volume of 15,702. The stock has a market cap of $900.91 million, a price-to-earnings ratio of 42.29 and a beta of 1.53. SPDR NYSE Technology ETF has a 52 week low of $142.52 and a 52 week high of $207.80. The business’s 50-day moving average is $194.78 and its 200-day moving average is $189.65.

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.