Harbour Wealth Management Group Inc. Buys Shares of 19,636 SPDR FactSet Innovative Technology ETF $XITK

Harbour Wealth Management Group Inc. bought a new stake in SPDR FactSet Innovative Technology ETF (NYSEARCA:XITK) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 19,636 shares of the company’s stock, valued at approximately $3,503,000. SPDR FactSet Innovative Technology ETF makes up 2.7% of Harbour Wealth Management Group Inc.’s portfolio, making the stock its 8th biggest holding. Harbour Wealth Management Group Inc. owned about 4.68% of SPDR FactSet Innovative Technology ETF as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in shares of SPDR FactSet Innovative Technology ETF during the second quarter worth approximately $142,000. Ameriprise Financial Inc. lifted its holdings in SPDR FactSet Innovative Technology ETF by 14.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,204 shares of the company’s stock valued at $796,000 after purchasing an additional 523 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in SPDR FactSet Innovative Technology ETF by 15,685.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 8,840 shares of the company’s stock worth $1,577,000 after purchasing an additional 8,784 shares during the last quarter. LPL Financial LLC boosted its stake in SPDR FactSet Innovative Technology ETF by 5.1% during the 4th quarter. LPL Financial LLC now owns 31,121 shares of the company’s stock worth $5,553,000 after purchasing an additional 1,516 shares during the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of SPDR FactSet Innovative Technology ETF by 2,153.7% during the fourth quarter. Wells Fargo & Company MN now owns 2,141 shares of the company’s stock worth $382,000 after buying an additional 2,046 shares in the last quarter.

SPDR FactSet Innovative Technology ETF Stock Up 0.9%

Shares of NYSEARCA XITK opened at $193.12 on Friday. The firm has a 50-day simple moving average of $183.22 and a 200-day simple moving average of $171.26. The stock has a market capitalization of $67.59 million, a price-to-earnings ratio of 27.20 and a beta of 1.31. SPDR FactSet Innovative Technology ETF has a 52 week low of $141.05 and a 52 week high of $211.23.

SPDR FactSet Innovative Technology ETF Company Profile

The SPDR FactSet Innovative Technology ETF (XITK) is an exchange-traded fund that is based on the FactSet Innovative Technology index. The fund tracks an index composed of US-listed technology and electronic media companies deemed innovative or disruptive by FactSet. XITK was launched on Jan 13, 2016 and is managed by State Street.