SFG Wealth Management LLC. Sells 1,880 Shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK)

SFG Wealth Management LLC. reduced its holdings in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 14.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,295 shares of the company’s stock after selling 1,880 shares during the period. SPDR NYSE Technology ETF makes up 1.1% of SFG Wealth Management LLC.’s portfolio, making the stock its 17th largest holding. SFG Wealth Management LLC. owned approximately 0.26% of SPDR NYSE Technology ETF worth $2,166,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Harbour Investments Inc. lifted its position in SPDR NYSE Technology ETF by 138.9% in the fourth quarter. Harbour Investments Inc. now owns 172 shares of the company’s stock worth $35,000 after buying an additional 100 shares during the last quarter. Concourse Financial Group Securities Inc. purchased a new position in shares of SPDR NYSE Technology ETF during the 4th quarter worth about $54,000. Mascagni Wealth Management Inc. bought a new position in SPDR NYSE Technology ETF during the 4th quarter valued at about $93,000. GeoWealth Management LLC raised its holdings in shares of SPDR NYSE Technology ETF by 17.8% in the fourth quarter. GeoWealth Management LLC now owns 799 shares of the company’s stock worth $161,000 after buying an additional 121 shares during the period. Finally, Jones Financial Companies Lllp lifted its stake in shares of SPDR NYSE Technology ETF by 21.7% during the 4th quarter. Jones Financial Companies Lllp now owns 949 shares of the company’s stock worth $191,000 after acquiring an additional 169 shares during the last quarter.

SPDR NYSE Technology ETF Stock Up 0.0%

XNTK stock opened at $233.55 on Thursday. The business’s fifty day simple moving average is $212.03 and its two-hundred day simple moving average is $206.87. The firm has a market cap of $1.00 billion, a price-to-earnings ratio of 31.16 and a beta of 1.32. SPDR NYSE Technology ETF has a twelve month low of $159.43 and a twelve month high of $235.22.

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.