New Harbor Financial Group LLC reduced its position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK – Free Report) by 10.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 75,239 shares of the company’s stock after selling 9,094 shares during the period. SPDR NYSE Technology ETF makes up about 4.3% of New Harbor Financial Group LLC’s portfolio, making the stock its 12th biggest holding. New Harbor Financial Group LLC’s holdings in SPDR NYSE Technology ETF were worth $28,756,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in XNTK. LVM Capital Management Ltd. MI grew its holdings in SPDR NYSE Technology ETF by 1.2% in the 2nd quarter. LVM Capital Management Ltd. MI now owns 3,711 shares of the company’s stock valued at $1,450,000 after buying an additional 43 shares in the last quarter. Summit Investment Advisory Services LLC increased its position in SPDR NYSE Technology ETF by 5.2% during the 1st quarter. Summit Investment Advisory Services LLC now owns 1,052 shares of the company’s stock worth $268,000 after buying an additional 52 shares during the period. Beacon Investment Advisory Services Inc. increased its position in SPDR NYSE Technology ETF by 55.3% during the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 191 shares of the company’s stock worth $75,000 after buying an additional 68 shares during the period. Integrity Financial Corp WA bought a new position in SPDR NYSE Technology ETF during the 2nd quarter worth $45,000. Finally, Atomic Invest LLC lifted its holdings in shares of SPDR NYSE Technology ETF by 38.5% during the second quarter. Atomic Invest LLC now owns 439 shares of the company’s stock worth $171,000 after buying an additional 122 shares in the last quarter.
SPDR NYSE Technology ETF Stock Up 0.9%
Shares of XNTK traded up $2.95 during midday trading on Friday, reaching $347.39. 42,240 shares of the stock were exchanged, compared to its average volume of 51,410. The stock’s 50 day simple moving average is $366.62 and its 200 day simple moving average is $352.03. The company has a market cap of $1.88 billion, a P/E ratio of 31.16 and a beta of 1.45. SPDR NYSE Technology ETF has a twelve month low of $242.73 and a twelve month high of $395.35.
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.
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