SPDR NYSE Technology ETF (NYSEARCA:XNTK) Short Interest Update

SPDR NYSE Technology ETF (NYSEARCA:XNTK) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 3,738 shares, a decline of 32.0% from the February 26th total of 5,497 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 39,609 shares, the short-interest ratio is presently 0.1 days.

SPDR NYSE Technology ETF Trading Down 2.1%

NYSEARCA XNTK traded down $5.23 during trading on Friday, hitting $248.99. The company had a trading volume of 45,697 shares, compared to its average volume of 34,403. SPDR NYSE Technology ETF has a one year low of $159.43 and a one year high of $295.79. The company has a market cap of $1.42 billion, a price-to-earnings ratio of 31.16 and a beta of 1.31. The company’s fifty day moving average is $270.94 and its 200-day moving average is $275.22.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. CWM LLC lifted its position in SPDR NYSE Technology ETF by 4.7% during the 3rd quarter. CWM LLC now owns 875 shares of the company’s stock valued at $238,000 after acquiring an additional 39 shares during the period. Kestra Advisory Services LLC increased its stake in shares of SPDR NYSE Technology ETF by 3.8% during the fourth quarter. Kestra Advisory Services LLC now owns 1,118 shares of the company’s stock valued at $311,000 after purchasing an additional 41 shares in the last quarter. MML Investors Services LLC increased its stake in shares of SPDR NYSE Technology ETF by 1.5% during the second quarter. MML Investors Services LLC now owns 3,088 shares of the company’s stock valued at $733,000 after purchasing an additional 45 shares in the last quarter. Realta Investment Advisors lifted its holdings in shares of SPDR NYSE Technology ETF by 41.7% during the fourth quarter. Realta Investment Advisors now owns 170 shares of the company’s stock valued at $47,000 after purchasing an additional 50 shares during the last quarter. Finally, SFG Wealth Management LLC. lifted its holdings in shares of SPDR NYSE Technology ETF by 0.4% during the third quarter. SFG Wealth Management LLC. now owns 11,755 shares of the company’s stock valued at $3,200,000 after purchasing an additional 50 shares during the last quarter.

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.