SPDR NYSE Technology ETF $XNTK Stock: Visionary Horizons LLC Decreases Position

Visionary Horizons LLC lowered its holdings in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 92.4% in the third quarter, Holdings Channel.com reports. The fund owned 860 shares of the company’s stock after selling 10,474 shares during the quarter. Visionary Horizons LLC’s holdings in SPDR NYSE Technology ETF were worth $329,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Global Assets Advisory LLC acquired a new position in shares of SPDR NYSE Technology ETF during the 1st quarter worth $67,526,000. Melone Private Wealth LLC acquired a new position in SPDR NYSE Technology ETF during the second quarter worth about $66,253,000. NorthRock Partners LLC acquired a new position in SPDR NYSE Technology ETF during the second quarter worth about $64,063,000. Envestnet Asset Management Inc. grew its position in SPDR NYSE Technology ETF by 231.7% during the second quarter. Envestnet Asset Management Inc. now owns 164,791 shares of the company’s stock worth $64,376,000 after buying an additional 115,103 shares during the period. Finally, State Street Corp purchased a new position in SPDR NYSE Technology ETF in the second quarter valued at about $41,031,000.

SPDR NYSE Technology ETF Trading Down 4.2%

Shares of SPDR NYSE Technology ETF stock opened at $344.44 on Friday. The company has a 50-day moving average of $367.00 and a two-hundred day moving average of $352.07. SPDR NYSE Technology ETF has a 12-month low of $242.73 and a 12-month high of $395.35. The stock has a market cap of $1.86 billion, a PE ratio of 31.16 and a beta of 1.45.

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.