JPMorgan Chase & Co. Increases Stock Position in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

JPMorgan Chase & Co. boosted its position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 13.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,395 shares of the company’s stock after buying an additional 170 shares during the quarter. JPMorgan Chase & Co.’s holdings in SPDR NYSE Technology ETF were worth $276,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Apollon Financial LLC purchased a new stake in shares of SPDR NYSE Technology ETF during the 3rd quarter worth about $200,000. Wealth Enhancement Advisory Services LLC acquired a new position in SPDR NYSE Technology ETF in the 3rd quarter worth about $242,000. FMR LLC boosted its position in SPDR NYSE Technology ETF by 15.2% during the third quarter. FMR LLC now owns 1,283 shares of the company’s stock worth $253,000 after purchasing an additional 169 shares in the last quarter. Montis Financial LLC acquired a new stake in SPDR NYSE Technology ETF in the third quarter valued at approximately $275,000. Finally, Acorn Financial Advisory Services Inc. ADV increased its position in shares of 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 buying an additional 180 shares in the last quarter.

SPDR NYSE Technology ETF Price Performance

Shares of XNTK stock opened at $213.58 on Friday. SPDR NYSE Technology ETF has a 1-year low of $162.85 and a 1-year high of $217.73. The company has a market cap of $931.21 million, a price-to-earnings ratio of 42.29 and a beta of 1.53. The stock has a 50 day simple moving average of $208.04 and a 200-day simple moving average of $197.95.

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.