MML Investors Services LLC Trims Stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

MML Investors Services LLC trimmed its position in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 11.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,631 shares of the company’s stock after selling 348 shares during the quarter. MML Investors Services LLC owned 0.06% of SPDR NYSE Technology ETF worth $520,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Silver Lake Advisory LLC bought a new stake in shares of SPDR NYSE Technology ETF in the second quarter valued at about $560,000. Envestnet Asset Management Inc. raised its holdings in shares of SPDR NYSE Technology ETF by 18.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 14,084 shares of the company’s stock valued at $2,750,000 after purchasing an additional 2,178 shares in the last quarter. FMR LLC lifted its position in shares of SPDR NYSE Technology ETF by 15.2% in the 3rd quarter. FMR LLC now owns 1,283 shares of the company’s stock worth $253,000 after purchasing an additional 169 shares during the period. Captrust Financial Advisors boosted its stake in shares of SPDR NYSE Technology ETF by 1.7% during the third quarter. Captrust Financial Advisors now owns 4,958 shares of the company’s stock valued at $979,000 after purchasing an additional 82 shares in the last quarter. Finally, Centaurus Financial Inc. increased its holdings in SPDR NYSE Technology ETF by 20.9% during the second quarter. Centaurus Financial Inc. now owns 4,363 shares of the company’s stock valued at $852,000 after buying an additional 753 shares during the period.

SPDR NYSE Technology ETF Stock Up 0.8 %

SPDR NYSE Technology ETF stock opened at $205.64 on Monday. SPDR NYSE Technology ETF has a twelve month low of $156.52 and a twelve month high of $214.47. The business has a fifty day moving average of $204.61 and a two-hundred day moving average of $195.66. The firm has a market cap of $896.59 million, a P/E ratio of 42.29 and a beta of 1.53.

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.