SPDR NYSE Technology ETF $XNTK Shares Purchased by Royal Bank of Canada

Royal Bank of Canada grew its stake in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 12.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,006 shares of the company’s stock after buying an additional 3,414 shares during the period. Royal Bank of Canada’s holdings in SPDR NYSE Technology ETF were worth $7,660,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. IFC & Insurance Marketing Inc. acquired a new stake in shares of SPDR NYSE Technology ETF during the fourth quarter valued at $25,000. Allspring Global Investments Holdings LLC acquired a new position in SPDR NYSE Technology ETF in the 4th quarter valued at about $28,000. Qube Research & Technologies Ltd lifted its holdings in SPDR NYSE Technology ETF by 351.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 149 shares of the company’s stock valued at $35,000 after purchasing an additional 116 shares in the last quarter. Fifth Third Bancorp purchased a new position in SPDR NYSE Technology ETF in the 1st quarter valued at about $58,000. Finally, REAP Financial Group LLC acquired a new stake in shares of SPDR NYSE Technology ETF during the 4th quarter worth about $70,000.

SPDR NYSE Technology ETF Price Performance

Shares of NYSEARCA XNTK opened at $360.76 on Tuesday. The company has a market cap of $2.22 billion, a PE ratio of 31.16 and a beta of 1.45. SPDR NYSE Technology ETF has a 12 month low of $232.82 and a 12 month high of $392.44. The company has a 50-day simple moving average of $361.82 and a 200-day simple moving average of $315.58.

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.