Goodman Advisory Group LLC Has $724,000 Stock Position in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Goodman Advisory Group LLC reduced its holdings in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 47.1% in the 4th quarter, HoldingsChannel reports. The fund owned 4,410 shares of the company’s stock after selling 3,920 shares during the period. Goodman Advisory Group LLC’s holdings in SPDR NYSE Technology ETF were worth $724,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in XNTK. SMI Advisory Services LLC acquired a new position in SPDR NYSE Technology ETF in the 4th quarter valued at approximately $4,857,000. Ameriprise Financial Inc. increased its position in SPDR NYSE Technology ETF by 110.4% in the 1st quarter. Ameriprise Financial Inc. now owns 44,215 shares of the company’s stock valued at $5,340,000 after acquiring an additional 23,202 shares during the period. Citadel Advisors LLC acquired a new position in SPDR NYSE Technology ETF in the 3rd quarter valued at approximately $1,817,000. Private Advisor Group LLC increased its position in SPDR NYSE Technology ETF by 864.8% in the 3rd quarter. Private Advisor Group LLC now owns 17,251 shares of the company’s stock valued at $2,356,000 after acquiring an additional 15,463 shares during the period. Finally, LPL Financial LLC increased its position in shares of SPDR NYSE Technology ETF by 12.4% during the third quarter. LPL Financial LLC now owns 116,470 shares of the company’s stock worth $15,910,000 after buying an additional 12,894 shares during the period.

SPDR NYSE Technology ETF Price Performance

Shares of XNTK traded down $2.94 during trading hours on Wednesday, hitting $174.00. 6,717 shares of the stock were exchanged, compared to its average volume of 22,917. SPDR NYSE Technology ETF has a fifty-two week low of $112.32 and a fifty-two week high of $186.60. The business has a 50-day moving average of $180.40 and a 200-day moving average of $163.06. The firm has a market capitalization of $758.64 million, a P/E ratio of 43.30 and a beta of 1.53.

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.