Constant Guidance Financial LLC Makes New Investment in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Constant Guidance Financial LLC purchased a new stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 7,336 shares of the company’s stock, valued at approximately $1,481,000. SPDR NYSE Technology ETF comprises about 1.3% of Constant Guidance Financial LLC’s portfolio, making the stock its 17th biggest position.

Several other hedge funds also recently modified their holdings of the company. CX Institutional bought a new position in SPDR NYSE Technology ETF in the third quarter valued at about $489,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of SPDR NYSE Technology ETF in the third quarter valued at approximately $242,000. SFG Wealth Management LLC. raised its holdings in SPDR NYSE Technology ETF by 0.6% in the 3rd quarter. SFG Wealth Management LLC. now owns 12,710 shares of the company’s stock valued at $2,511,000 after buying an additional 80 shares during the last quarter. Acorn Financial Advisory Services Inc. ADV boosted its position in SPDR NYSE Technology ETF by 11.4% during the 3rd quarter. Acorn Financial Advisory Services Inc. ADV now owns 1,755 shares of the company’s stock worth $347,000 after buying an additional 180 shares during the period. Finally, 17 Capital Partners LLC grew its holdings in SPDR NYSE Technology ETF by 30.1% during the 3rd quarter. 17 Capital Partners LLC now owns 2,530 shares of the company’s stock worth $500,000 after acquiring an additional 585 shares during the last quarter.

SPDR NYSE Technology ETF Stock Performance

Shares of NYSEARCA XNTK opened at $226.04 on Friday. The firm has a 50 day moving average price of $210.18 and a two-hundred day moving average price of $199.84. The stock has a market cap of $985.53 million, a P/E ratio of 42.29 and a beta of 1.53. SPDR NYSE Technology ETF has a 52-week low of $162.85 and a 52-week high of $226.14.

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.