Tortoise Investment Management LLC Acquires Shares of 191 SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Tortoise Investment Management LLC acquired a new stake in SPDR NYSE Technology ETF (NYSEARCA:XNTKFree Report) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 191 shares of the company’s stock, valued at approximately $31,000.

A number of other hedge funds have also recently bought and sold shares of XNTK. HighTower Advisors LLC boosted its position in SPDR NYSE Technology ETF by 3.1% in the 3rd quarter. HighTower Advisors LLC now owns 13,365 shares of the company’s stock valued at $1,821,000 after buying an additional 401 shares during the last quarter. UBS Group AG boosted its position in SPDR NYSE Technology ETF by 4.1% in the 3rd quarter. UBS Group AG now owns 20,892 shares of the company’s stock valued at $2,854,000 after buying an additional 828 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in SPDR NYSE Technology ETF in the 3rd quarter valued at $309,000. Envestnet Asset Management Inc. boosted its position in shares of SPDR NYSE Technology ETF by 33.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 24,855 shares of the company’s stock worth $3,395,000 after purchasing an additional 6,186 shares during the last quarter. Finally, LPL Financial LLC boosted its position in shares of SPDR NYSE Technology ETF by 12.4% in the 3rd quarter. LPL Financial LLC now owns 116,470 shares of the company’s stock worth $15,910,000 after purchasing an additional 12,894 shares during the last quarter.

SPDR NYSE Technology ETF Trading Up 0.1 %

Shares of NYSEARCA:XNTK traded up $0.23 during midday trading on Friday, hitting $194.17. The company had a trading volume of 8,773 shares, compared to its average volume of 19,013. SPDR NYSE Technology ETF has a 12 month low of $129.48 and a 12 month high of $194.57. The stock has a market cap of $846.60 million, a price-to-earnings ratio of 42.29 and a beta of 1.53. The firm has a fifty day simple moving average of $181.22 and a 200 day simple moving average of $174.84.

About SPDR NYSE Technology ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding XNTK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR NYSE Technology ETF (NYSEARCA:XNTKFree Report).

Institutional Ownership by Quarter for SPDR NYSE Technology ETF (NYSEARCA:XNTK)

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