Risk Paradigm Group LLC Acquires New Shares in SPDR NYSE Technology ETF $XNTK

Risk Paradigm Group LLC purchased a new stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 8,549 shares of the company’s stock, valued at approximately $3,340,000. SPDR NYSE Technology ETF comprises 2.2% of Risk Paradigm Group LLC’s portfolio, making the stock its 12th biggest position.

A number of other hedge funds have also modified their holdings of XNTK. IFC & Insurance Marketing Inc. bought a new stake in SPDR NYSE Technology ETF in the fourth quarter valued at approximately $25,000. Qube Research & Technologies Ltd boosted its position in shares of SPDR NYSE Technology ETF by 351.5% during the second quarter. Qube Research & Technologies Ltd now owns 149 shares of the company’s stock worth $35,000 after purchasing an additional 116 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of SPDR NYSE Technology ETF in the 1st quarter valued at $41,000. Fifth Third Bancorp acquired a new position in shares of SPDR NYSE Technology ETF in the 1st quarter valued at $58,000. Finally, REAP Financial Group LLC bought a new stake in shares of SPDR NYSE Technology ETF in the 4th quarter valued at $70,000.

SPDR NYSE Technology ETF Price Performance

Shares of SPDR NYSE Technology ETF stock opened at $358.03 on Monday. The company has a market capitalization of $2.20 billion, a P/E ratio of 31.16 and a beta of 1.45. The business has a 50-day moving average of $358.26 and a two-hundred day moving average of $323.50. SPDR NYSE Technology ETF has a 1 year low of $236.22 and a 1 year high of $392.44.

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.