GAMMA Investing LLC Takes Position in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

GAMMA Investing LLC bought a new stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,205 shares of the company’s stock, valued at approximately $374,000.

Other hedge funds also recently modified their holdings of the company. Aptus Capital Advisors LLC acquired a new position in shares of SPDR NYSE Technology ETF in the third quarter worth $26,000. Creative Financial Designs Inc. ADV acquired a new position in SPDR NYSE Technology ETF during the fourth quarter worth $50,000. Silicon Valley Capital Partners acquired a new position in SPDR NYSE Technology ETF during the third quarter worth $68,000. Syntegra Private Wealth Group LLC acquired a new position in SPDR NYSE Technology ETF during the fourth quarter worth $224,000. Finally, Raymond James & Associates increased its position in SPDR NYSE Technology ETF by 6.2% during the fourth quarter. Raymond James & Associates now owns 1,642 shares of the company’s stock worth $270,000 after buying an additional 96 shares during the last quarter.

SPDR NYSE Technology ETF Price Performance

SPDR NYSE Technology ETF stock opened at $173.79 on Thursday. The company has a market capitalization of $757.73 million, a price-to-earnings ratio of 43.30 and a beta of 1.53. The company’s fifty day moving average price is $179.62 and its two-hundred day moving average price is $164.33. SPDR NYSE Technology ETF has a one year low of $112.32 and a one year high of $186.60.

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.