SPDR NYSE Technology ETF (NYSEARCA:XNTK) Reaches New 1-Year High at $198.89

SPDR NYSE Technology ETF (NYSEARCA:XNTK)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $198.89 and last traded at $198.74, with a volume of 4382 shares. The stock had previously closed at $197.79.

SPDR NYSE Technology ETF Stock Up 1.1 %

The stock has a market capitalization of $872.13 million, a P/E ratio of 42.29 and a beta of 1.53. The firm’s 50-day simple moving average is $185.82 and its 200 day simple moving average is $178.26.

Institutional Trading of SPDR NYSE Technology ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Tortoise Investment Management LLC acquired a new position in shares of SPDR NYSE Technology ETF in the 4th quarter worth $34,000. Able Wealth Management LLC acquired a new stake in SPDR NYSE Technology ETF during the 4th quarter worth about $41,000. Creative Financial Designs Inc. ADV purchased a new stake in SPDR NYSE Technology ETF during the fourth quarter valued at about $50,000. PCG Wealth Advisors LLC acquired a new position in shares of SPDR NYSE Technology ETF in the first quarter worth about $206,000. Finally, Chatham Capital Group Inc. purchased a new position in shares of SPDR NYSE Technology ETF in the first quarter worth approximately $210,000.

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.