SPDR NYSE Technology ETF $XNTK Shares Bought by Arkadios Wealth Advisors

Arkadios Wealth Advisors grew its position in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 7.5% during the second quarter, Holdings Channel.com reports. The firm owned 3,400 shares of the company’s stock after acquiring an additional 237 shares during the period. Arkadios Wealth Advisors’ holdings in SPDR NYSE Technology ETF were worth $807,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of XNTK. Thurston Springer Miller Herd & Titak Inc. increased its holdings in SPDR NYSE Technology ETF by 1,050.0% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 138 shares of the company’s stock valued at $33,000 after buying an additional 126 shares during the last quarter. Financial Gravity Asset Management Inc. purchased a new stake in SPDR NYSE Technology ETF during the 1st quarter worth about $28,000. Beacon Financial Advisory LLC acquired a new position in shares of SPDR NYSE Technology ETF during the 2nd quarter worth about $202,000. Detalus Advisors LLC purchased a new position in shares of SPDR NYSE Technology ETF in the 2nd quarter valued at about $231,000. Finally, Good Steward Wealth Advisors LLC acquired a new stake in shares of SPDR NYSE Technology ETF during the 2nd quarter worth about $237,000.

SPDR NYSE Technology ETF Stock Up 0.7%

Shares of XNTK opened at $291.63 on Monday. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 31.16 and a beta of 1.31. SPDR NYSE Technology ETF has a 52-week low of $159.43 and a 52-week high of $295.79. The stock has a 50 day moving average price of $267.93 and a 200 day moving average price of $239.70.

SPDR NYSE Technology ETF 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.