SPDR NYSE Technology ETF $XNTK Shares Acquired by UBS Group AG

UBS Group AG increased its stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 63.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,060 shares of the company’s stock after purchasing an additional 29,074 shares during the quarter. UBS Group AG’s holdings in SPDR NYSE Technology ETF were worth $20,858,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC purchased a new stake in SPDR NYSE Technology ETF during the fourth quarter worth about $28,000. Qube Research & Technologies Ltd increased its holdings in SPDR NYSE Technology ETF by 351.5% in the second quarter. Qube Research & Technologies Ltd now owns 149 shares of the company’s stock valued at $35,000 after buying an additional 116 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of SPDR NYSE Technology ETF by 101.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 161 shares of the company’s stock valued at $44,000 after acquiring an additional 81 shares during the period. Realta Investment Advisors boosted its stake in shares of SPDR NYSE Technology ETF by 41.7% during the 4th quarter. Realta Investment Advisors now owns 170 shares of the company’s stock worth $47,000 after acquiring an additional 50 shares in the last quarter. Finally, Assetmark Inc. purchased a new stake in shares of SPDR NYSE Technology ETF during the 3rd quarter worth approximately $54,000.

SPDR NYSE Technology ETF Price Performance

XNTK opened at $342.71 on Tuesday. SPDR NYSE Technology ETF has a 1-year low of $211.86 and a 1-year high of $343.43. The stock has a market cap of $1.99 billion, a P/E ratio of 31.16 and a beta of 1.41. The stock’s 50 day simple moving average is $281.49 and its 200 day simple moving average is $279.70.

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.