Risk Paradigm Group LLC Purchases Shares of 8,549 SPDR NYSE Technology ETF $XNTK

Risk Paradigm Group LLC acquired a new position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,549 shares of the company’s stock, valued at approximately $3,340,000. SPDR NYSE Technology ETF comprises about 2.2% of Risk Paradigm Group LLC’s holdings, making the stock its 12th biggest holding. Risk Paradigm Group LLC owned approximately 0.14% of SPDR NYSE Technology ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. IFC & Insurance Marketing Inc. bought a new stake in SPDR NYSE Technology ETF during the 4th quarter worth approximately $25,000. Qube Research & Technologies Ltd raised its position 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 during the last quarter. Ashton Thomas Securities LLC acquired a new position in SPDR NYSE Technology ETF in the first quarter worth $41,000. Fifth Third Bancorp acquired a new position in SPDR NYSE Technology ETF in the first quarter worth $58,000. Finally, REAP Financial Group LLC acquired a new position in SPDR NYSE Technology ETF in the fourth quarter worth $70,000.

SPDR NYSE Technology ETF Stock Performance

Shares of XNTK stock opened at $358.03 on Monday. SPDR NYSE Technology ETF has a 52 week low of $236.22 and a 52 week high of $392.44. The stock has a market capitalization of $2.20 billion, a PE ratio of 31.16 and a beta of 1.45. The stock’s fifty day moving average is $358.26 and its 200-day moving average is $323.50.

SPDR NYSE Technology ETF 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.