Activest Wealth Management Invests $121,000 in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Activest Wealth Management acquired a new position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 602 shares of the company’s stock, valued at approximately $121,000.

Other hedge funds have also bought and sold shares of the company. SFG Wealth Management LLC. boosted its position in SPDR NYSE Technology ETF by 0.6% during the third quarter. SFG Wealth Management LLC. now owns 12,710 shares of the company’s stock valued at $2,511,000 after acquiring an additional 80 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of SPDR NYSE Technology ETF by 1.7% during the 3rd quarter. Captrust Financial Advisors now owns 4,958 shares of the company’s stock valued at $979,000 after purchasing an additional 82 shares in the last quarter. Kraft Davis & Associates LLC grew its stake in SPDR NYSE Technology ETF by 1.7% during the third quarter. Kraft Davis & Associates LLC now owns 5,434 shares of the company’s stock worth $1,060,000 after purchasing an additional 89 shares during the period. IHT Wealth Management LLC grew its stake in SPDR NYSE Technology ETF by 2.7% during the third quarter. IHT Wealth Management LLC now owns 3,614 shares of the company’s stock worth $714,000 after purchasing an additional 95 shares during the period. Finally, Arkadios Wealth Advisors increased its holdings in SPDR NYSE Technology ETF by 4.0% in the fourth quarter. Arkadios Wealth Advisors now owns 2,837 shares of the company’s stock worth $573,000 after purchasing an additional 108 shares in the last quarter.

SPDR NYSE Technology ETF Stock Performance

SPDR NYSE Technology ETF stock opened at $215.07 on Monday. The stock has a market capitalization of $937.71 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 $162.85 and a 52-week high of $218.91. The stock’s 50 day moving average price is $209.32 and its two-hundred day moving average price is $198.92.

SPDR NYSE Technology ETF Company 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.