Geneva Partners LLC Grows Stock Holdings in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Geneva Partners LLC raised its stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 4.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,046 shares of the company’s stock after buying an additional 272 shares during the period. Geneva Partners LLC owned approximately 0.19% of SPDR NYSE Technology ETF worth $1,157,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of XNTK. Aptus Capital Advisors LLC acquired a new stake in shares of SPDR NYSE Technology ETF during the third quarter worth $26,000. Money Concepts Capital Corp lifted its holdings in shares of SPDR NYSE Technology ETF by 277.9% during the 4th quarter. Money Concepts Capital Corp now owns 427 shares of the company’s stock worth $41,000 after acquiring an additional 314 shares during the period. Qube Research & Technologies Ltd purchased a new position in shares of SPDR NYSE Technology ETF during the 3rd quarter worth about $43,000. Creative Financial Designs Inc. ADV acquired a new stake in shares of SPDR NYSE Technology ETF in the fourth quarter worth approximately $50,000. Finally, Comerica Bank purchased a new stake in SPDR NYSE Technology ETF in the third quarter valued at approximately $58,000.

SPDR NYSE Technology ETF Stock Performance

Shares of NYSEARCA:XNTK traded down $4.61 during trading on Friday, reaching $167.42. 18,477 shares of the stock were exchanged, compared to its average volume of 22,847. SPDR NYSE Technology ETF has a 12-month low of $112.32 and a 12-month high of $186.60. The firm’s 50-day moving average price is $179.98 and its 200 day moving average price is $163.41. The firm has a market cap of $729.95 million, a price-to-earnings ratio of 43.30 and a beta of 1.53.

SPDR NYSE Technology ETF Company 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.