GoalVest Advisory LLC Grows Stock Position in SPDR NYSE Technology ETF $XNTK

GoalVest Advisory LLC boosted its holdings in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 25.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,712 shares of the company’s stock after purchasing an additional 9,574 shares during the period. SPDR NYSE Technology ETF accounts for approximately 2.5% of GoalVest Advisory LLC’s holdings, making the stock its 7th largest holding. GoalVest Advisory LLC owned approximately 0.86% of SPDR NYSE Technology ETF worth $12,980,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. SoundView Advisors Inc. bought a new stake in shares of SPDR NYSE Technology ETF during the third quarter worth $357,706,000. New Harbor Financial Group LLC increased its stake in shares of SPDR NYSE Technology ETF by 72.7% in the second quarter. New Harbor Financial Group LLC now owns 99,932 shares of the company’s stock valued at $23,712,000 after buying an additional 42,078 shares in the last quarter. Prostatis Group LLC bought a new position in shares of SPDR NYSE Technology ETF in the third quarter valued at about $10,203,000. Envestnet Asset Management Inc. lifted its position in SPDR NYSE Technology ETF by 296.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 37,054 shares of the company’s stock worth $10,087,000 after buying an additional 27,711 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in SPDR NYSE Technology ETF by 236.2% during the 3rd quarter. Raymond James Financial Inc. now owns 29,920 shares of the company’s stock worth $8,145,000 after buying an additional 21,021 shares in the last quarter.

SPDR NYSE Technology ETF Stock Down 0.1%

Shares of NYSEARCA:XNTK opened at $266.45 on Friday. The firm has a market cap of $1.52 billion, a P/E ratio of 31.16 and a beta of 1.31. SPDR NYSE Technology ETF has a 12 month low of $159.43 and a 12 month high of $295.79. The company’s 50-day moving average price is $274.17 and its two-hundred day moving average price is $274.56.

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.