SPDR NYSE Technology ETF (NYSEARCA:XNTK) Shares Acquired by Pinion Investment Advisors LLC

Pinion Investment Advisors LLC lifted its position in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 3.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,192 shares of the company’s stock after acquiring an additional 394 shares during the period. SPDR NYSE Technology ETF comprises approximately 1.1% of Pinion Investment Advisors LLC’s holdings, making the stock its 21st largest position. Pinion Investment Advisors LLC owned approximately 0.30% of SPDR NYSE Technology ETF worth $2,662,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Constant Guidance Financial LLC acquired a new stake in shares of SPDR NYSE Technology ETF during the 4th quarter valued at about $1,481,000. GoalVest Advisory LLC grew its position in SPDR NYSE Technology ETF by 10.4% in the 3rd quarter. GoalVest Advisory LLC now owns 26,260 shares of the company’s stock worth $5,187,000 after purchasing an additional 2,478 shares during the last quarter. Citizens & Northern Corp acquired a new position in SPDR NYSE Technology ETF in the 4th quarter valued at approximately $300,000. Wealth Enhancement Advisory Services LLC bought a new position in SPDR NYSE Technology ETF in the third quarter worth $242,000. Finally, Client 1ST Advisory Group LLC acquired a new stake in shares of SPDR NYSE Technology ETF during the 4th quarter valued at about $224,000.

SPDR NYSE Technology ETF Stock Performance

Shares of NYSEARCA:XNTK opened at $201.67 on Tuesday. The company’s fifty day moving average is $211.82 and its 200-day moving average is $203.24. SPDR NYSE Technology ETF has a 52 week low of $162.85 and a 52 week high of $228.88. The company has a market capitalization of $867.18 million, a PE ratio of 34.84 and a beta of 1.23.

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.