Truist Financial Corp Sells 54 Shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Truist Financial Corp lessened its position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 2.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,698 shares of the company’s stock after selling 54 shares during the period. Truist Financial Corp’s holdings in SPDR NYSE Technology ETF were worth $544,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of XNTK. Wealth Enhancement Advisory Services LLC bought a new stake in SPDR NYSE Technology ETF in the third quarter valued at $242,000. SFG Wealth Management LLC. increased its stake in SPDR NYSE Technology ETF by 0.6% in the third quarter. SFG Wealth Management LLC. now owns 12,710 shares of the company’s stock valued at $2,511,000 after purchasing an additional 80 shares in the last quarter. Acorn Financial Advisory Services Inc. ADV increased its stake in SPDR NYSE Technology ETF by 11.4% in the third quarter. Acorn Financial Advisory Services Inc. ADV now owns 1,755 shares of the company’s stock valued at $347,000 after purchasing an additional 180 shares in the last quarter. 17 Capital Partners LLC increased its stake in SPDR NYSE Technology ETF by 30.1% in the third quarter. 17 Capital Partners LLC now owns 2,530 shares of the company’s stock valued at $500,000 after purchasing an additional 585 shares in the last quarter. Finally, Axxcess Wealth Management LLC increased its stake in SPDR NYSE Technology ETF by 15.2% in the third quarter. Axxcess Wealth Management LLC now owns 3,525 shares of the company’s stock valued at $696,000 after purchasing an additional 465 shares in the last quarter.

SPDR NYSE Technology ETF Trading Down 2.3 %

XNTK opened at $201.67 on Tuesday. SPDR NYSE Technology ETF has a 1-year low of $162.85 and a 1-year high of $228.88. The company has a market cap of $867.18 million, a P/E ratio of 34.84 and a beta of 1.23. The company has a fifty day moving average price of $211.82 and a two-hundred day moving average price of $203.24.

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.