Wealth Enhancement Advisory Services LLC Invests $242,000 in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Wealth Enhancement Advisory Services LLC purchased a new stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,225 shares of the company’s stock, valued at approximately $242,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CWM LLC raised its holdings in shares of SPDR NYSE Technology ETF by 57.6% during the 2nd quarter. CWM LLC now owns 832 shares of the company’s stock valued at $163,000 after buying an additional 304 shares during the period. Richard W. Paul & Associates LLC acquired a new position in shares of SPDR NYSE Technology ETF during the second quarter worth $165,000. Kayne Anderson Rudnick Investment Management LLC acquired a new position in shares of SPDR NYSE Technology ETF during the second quarter worth $205,000. Flynn Zito Capital Management LLC purchased a new position in shares of SPDR NYSE Technology ETF in the second quarter valued at $255,000. Finally, Bright Futures Wealth Management LLC. acquired a new stake in SPDR NYSE Technology ETF during the 1st quarter valued at $263,000.

SPDR NYSE Technology ETF Price Performance

SPDR NYSE Technology ETF stock opened at $207.48 on Tuesday. The firm’s fifty day moving average price is $195.15 and its 200 day moving average price is $190.15. The company has a market capitalization of $904.61 million, a price-to-earnings ratio of 42.29 and a beta of 1.53. SPDR NYSE Technology ETF has a 12-month low of $145.84 and a 12-month high of $208.02.

About SPDR NYSE Technology ETF

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.