Geneva Partners LLC Has $1.16 Million Position in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Geneva Partners LLC raised its position in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 4.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,046 shares of the company’s stock after purchasing an additional 272 shares during the quarter. Geneva Partners LLC’s holdings in SPDR NYSE Technology ETF were worth $1,157,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. First Trust Advisors LP boosted its position in SPDR NYSE Technology ETF by 17.3% during the first quarter. First Trust Advisors LP now owns 23,541 shares of the company’s stock valued at $3,272,000 after acquiring an additional 3,466 shares during the last quarter. Ancora Advisors LLC lifted its holdings in shares of SPDR NYSE Technology ETF by 67.0% in the 1st quarter. Ancora Advisors LLC now owns 476 shares of the company’s stock worth $69,000 after purchasing an additional 191 shares in the last quarter. Fort Point Capital Partners LLC grew its holdings in shares of SPDR NYSE Technology ETF by 44.7% during the first quarter. Fort Point Capital Partners LLC now owns 3,659 shares of the company’s stock valued at $509,000 after buying an additional 1,130 shares during the last quarter. Atria Wealth Solutions Inc. bought a new stake in shares of SPDR NYSE Technology ETF during the first quarter worth about $868,000. Finally, Royal Bank of Canada raised its holdings in shares of SPDR NYSE Technology ETF by 116.0% in the 1st quarter. Royal Bank of Canada now owns 16,971 shares of the company’s stock worth $2,359,000 after acquiring an additional 9,115 shares during the last quarter.

SPDR NYSE Technology ETF Stock Down 2.7 %

NYSEARCA XNTK traded down $4.61 on Friday, reaching $167.42. The company had a trading volume of 18,477 shares, compared to its average volume of 22,847. The company’s fifty day moving average is $179.98 and its 200 day moving average is $163.41. The stock has a market capitalization of $729.95 million, a P/E ratio of 43.30 and a beta of 1.53. SPDR NYSE Technology ETF has a 52-week low of $112.32 and a 52-week high of $186.60.

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.