LPL Financial LLC Sells 26,282 Shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK)

LPL Financial LLC reduced its position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 12.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 193,270 shares of the company’s stock after selling 26,282 shares during the period. LPL Financial LLC owned about 4.43% of SPDR NYSE Technology ETF worth $37,736,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Tortoise Investment Management LLC bought a new position in SPDR NYSE Technology ETF during the 4th quarter valued at about $31,000. Able Wealth Management LLC bought a new position in shares of SPDR NYSE Technology ETF in the fourth quarter worth about $41,000. CWM LLC raised its stake in shares of SPDR NYSE Technology ETF by 57.6% in the second quarter. CWM LLC now owns 832 shares of the company’s stock worth $163,000 after acquiring an additional 304 shares during the last quarter. Richard W. Paul & Associates LLC bought a new position in shares of SPDR NYSE Technology ETF in the second quarter worth about $165,000. Finally, PCG Wealth Advisors LLC bought a new position in shares of SPDR NYSE Technology ETF in the first quarter worth about $206,000.

SPDR NYSE Technology ETF Trading Up 1.0 %

Shares of NYSEARCA XNTK opened at $188.19 on Monday. SPDR NYSE Technology ETF has a 1-year low of $129.48 and a 1-year high of $204.78. The company has a market cap of $820.51 million, a PE ratio of 42.29 and a beta of 1.53. The company has a 50-day moving average of $187.01 and a two-hundred day moving average of $184.98.

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.