SoundView Advisors Inc. Makes New Investment in SPDR NYSE Technology ETF $XNTK

SoundView Advisors Inc. bought a new stake in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,313,983 shares of the company’s stock, valued at approximately $357,706,000. SPDR NYSE Technology ETF comprises approximately 50.2% of SoundView Advisors Inc.’s portfolio, making the stock its biggest holding. SoundView Advisors Inc. owned about 0.26% of SPDR NYSE Technology ETF at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of SPDR NYSE Technology ETF by 1,050.0% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 138 shares of the company’s stock worth $33,000 after buying an additional 126 shares during the last quarter. Financial Gravity Companies Inc. bought a new stake in shares of SPDR NYSE Technology ETF in the 2nd quarter valued at approximately $35,000. Qube Research & Technologies Ltd lifted its stake in shares of SPDR NYSE Technology ETF by 351.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 149 shares of the company’s stock valued at $35,000 after purchasing an additional 116 shares during the last quarter. Allworth Financial LP purchased a new position in shares of SPDR NYSE Technology ETF in the 2nd quarter worth approximately $37,000. Finally, Spire Wealth Management bought a new stake in SPDR NYSE Technology ETF in the second quarter worth $97,000.

SPDR NYSE Technology ETF Trading Up 2.3%

Shares of XNTK opened at $279.37 on Friday. SPDR NYSE Technology ETF has a twelve month low of $159.43 and a twelve month high of $295.79. The company’s fifty day simple moving average is $279.10 and its 200-day simple moving average is $257.01. The company has a market cap of $1.46 billion, a P/E ratio of 31.16 and a beta of 1.31.

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.