SPDR NYSE Technology ETF (NYSEARCA:XNTK) Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC lowered its position in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 1.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,889 shares of the company’s stock after selling 75 shares during the period. Park Avenue Securities LLC’s holdings in SPDR NYSE Technology ETF were worth $746,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in SPDR NYSE Technology ETF by 19,081.0% in the first quarter. GAMMA Investing LLC now owns 422,941 shares of the company’s stock valued at $81,124,000 after purchasing an additional 420,736 shares during the period. LPL Financial LLC lifted its position in SPDR NYSE Technology ETF by 33.7% in the fourth quarter. LPL Financial LLC now owns 188,857 shares of the company’s stock valued at $38,115,000 after purchasing an additional 47,620 shares during the period. Wells Fargo & Company MN lifted its position in SPDR NYSE Technology ETF by 2.5% in the fourth quarter. Wells Fargo & Company MN now owns 120,360 shares of the company’s stock valued at $24,291,000 after purchasing an additional 2,952 shares during the period. Bank of America Corp DE lifted its position in SPDR NYSE Technology ETF by 1.4% in the fourth quarter. Bank of America Corp DE now owns 50,496 shares of the company’s stock valued at $10,191,000 after purchasing an additional 708 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in SPDR NYSE Technology ETF by 0.9% in the fourth quarter. Ameriprise Financial Inc. now owns 40,250 shares of the company’s stock valued at $8,121,000 after purchasing an additional 371 shares during the period.

SPDR NYSE Technology ETF Stock Down 1.5%

Shares of NYSEARCA:XNTK opened at $223.30 on Friday. The company has a market cap of $960.19 million, a P/E ratio of 31.54 and a beta of 1.32. SPDR NYSE Technology ETF has a 52 week low of $159.43 and a 52 week high of $228.88. The company has a 50-day moving average price of $204.37 and a 200 day moving average price of $205.78.

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.