HighTower Advisors LLC Sells 181 Shares of SPDR NYSE Technology ETF $XNTK

HighTower Advisors LLC trimmed its position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 1.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 12,607 shares of the company’s stock after selling 181 shares during the quarter. HighTower Advisors LLC’s holdings in SPDR NYSE Technology ETF were worth $2,418,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC grew its holdings in SPDR NYSE Technology ETF by 20.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,473 shares of the company’s stock valued at $283,000 after purchasing an additional 247 shares during the period. Janney Montgomery Scott LLC grew its holdings in SPDR NYSE Technology ETF by 3.3% during the first quarter. Janney Montgomery Scott LLC now owns 2,579 shares of the company’s stock valued at $495,000 after purchasing an additional 82 shares during the period. Bank of America Corp DE grew its holdings in SPDR NYSE Technology ETF by 1.4% during 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. Jane Street Group LLC bought a new position in SPDR NYSE Technology ETF during the fourth quarter valued at $290,000. Finally, BNP Paribas Financial Markets bought a new position in SPDR NYSE Technology ETF during the fourth quarter valued at $2,018,000.

SPDR NYSE Technology ETF Trading Up 2.2%

Shares of NYSEARCA XNTK opened at $241.93 on Friday. The stock has a fifty day simple moving average of $237.28 and a two-hundred day simple moving average of $215.65. SPDR NYSE Technology ETF has a 1-year low of $159.43 and a 1-year high of $249.04. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of 31.16 and a beta of 1.23.

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.