SPDR NYSE Technology ETF (NYSEARCA:XNTK) Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers grew its holdings in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 2.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,823 shares of the company’s stock after acquiring an additional 178 shares during the period. Cetera Investment Advisers owned about 0.18% of SPDR NYSE Technology ETF worth $1,527,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in XNTK. Northwestern Mutual Wealth Management Co. increased its position in SPDR NYSE Technology ETF by 17.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 79,674 shares of the company’s stock worth $15,557,000 after purchasing an additional 11,816 shares during the last quarter. Private Advisor Group LLC increased its position in SPDR NYSE Technology ETF by 3.3% during the second quarter. Private Advisor Group LLC now owns 39,469 shares of the company’s stock worth $7,706,000 after purchasing an additional 1,265 shares during the last quarter. SMI Advisory Services LLC acquired a new stake in SPDR NYSE Technology ETF during the second quarter worth about $5,576,000. GoalVest Advisory LLC increased its position in SPDR NYSE Technology ETF by 1,151.7% during the second quarter. GoalVest Advisory LLC now owns 23,782 shares of the company’s stock worth $4,643,000 after purchasing an additional 21,882 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its position in SPDR NYSE Technology ETF by 297.5% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 18,786 shares of the company’s stock worth $3,668,000 after purchasing an additional 14,060 shares during the last quarter.

SPDR NYSE Technology ETF Trading Down 3.1 %

SPDR NYSE Technology ETF stock opened at $198.84 on Wednesday. The stock has a market cap of $866.95 million, a P/E ratio of 42.29 and a beta of 1.53. The company has a 50-day moving average price of $190.03 and a 200 day moving average price of $187.28. SPDR NYSE Technology ETF has a 12-month low of $129.48 and a 12-month high of $207.28.

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.