SPDR FactSet Innovative Technology ETF (NYSEARCA:XITK) Sees Large Decrease in Short Interest

Posted by Caroline Horne on Oct 13th, 2026

SPDR FactSet Innovative Technology ETF (NYSEARCA:XITK – Get Free Report) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 1,789 shares, a drop of 56.2% from the September 15th total of 4,084 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 1,344 shares, the short-interest ratio is currently 1.3 days.

Institutional Trading of SPDR FactSet Innovative Technology ETF

Large investors have recently modified their holdings of the business. Harbour Wealth Management Group Inc. purchased a new stake in shares of SPDR FactSet Innovative Technology ETF during the fourth quarter worth about $3,503,000. Kwmg LLC acquired a new position in shares of SPDR FactSet Innovative Technology ETF in the third quarter worth about $872,000. Avior Wealth Management LLC acquired a new position in shares of SPDR FactSet Innovative Technology ETF in the third quarter worth about $1,182,000. Kaizen Financial Strategies boosted its holdings in SPDR FactSet Innovative Technology ETF by 4.5% in the third quarter. Kaizen Financial Strategies now owns 3,464 shares of the company’s stock valued at $690,000 after purchasing an additional 150 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in SPDR FactSet Innovative Technology ETF in the second quarter valued at about $485,000.

SPDR FactSet Innovative Technology ETF Price Performance

SPDR FactSet Innovative Technology ETF stock traded down $0.57 during midday trading on Tuesday, hitting $200.16. 1,851 shares of the stock were exchanged, compared to its average volume of 2,046. SPDR FactSet Innovative Technology ETF has a 1 year low of $141.05 and a 1 year high of $211.23. The firm has a market cap of $68.05 million, a P/E ratio of 27.20 and a beta of 1.33. The company has a 50 day moving average price of $199.91 and a two-hundred day moving average price of $187.28.

SPDR FactSet Innovative Technology ETF Company Profile

(Get Free Report)

The SPDR FactSet Innovative Technology ETF (XITK) is an exchange-traded fund that is based on the FactSet Innovative Technology index. The fund tracks an index composed of US-listed technology and electronic media companies deemed innovative or disruptive by FactSet. XITK was launched on Jan 13, 2016 and is managed by State Street.