Sanctuary Advisors LLC Acquires 45,183 Shares of SPDR NYSE Technology ETF $XNTK

Sanctuary Advisors LLC lifted its holdings in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 5,321.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,032 shares of the company’s stock after acquiring an additional 45,183 shares during the quarter. Sanctuary Advisors LLC owned 0.79% of SPDR NYSE Technology ETF worth $11,751,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XNTK. Pinion Investment Advisors LLC raised its position in SPDR NYSE Technology ETF by 10.1% in the fourth quarter. Pinion Investment Advisors LLC now owns 20,823 shares of the company’s stock worth $5,786,000 after acquiring an additional 1,911 shares during the period. Gentry Private Wealth LLC grew its position in shares of SPDR NYSE Technology ETF by 42.0% during the 4th quarter. Gentry Private Wealth LLC now owns 17,574 shares of the company’s stock valued at $4,883,000 after acquiring an additional 5,200 shares during the period. Elevation Capital Advisory LLC purchased a new stake in shares of SPDR NYSE Technology ETF during the 4th quarter worth approximately $722,000. UBS Group AG increased its stake in shares of SPDR NYSE Technology ETF by 63.2% during the 4th quarter. UBS Group AG now owns 75,060 shares of the company’s stock worth $20,858,000 after purchasing an additional 29,074 shares during the last quarter. Finally, Aurora Private Wealth Inc. purchased a new stake in shares of SPDR NYSE Technology ETF during the 4th quarter worth approximately $995,000.

SPDR NYSE Technology ETF Trading Down 2.8%

NYSEARCA:XNTK opened at $346.47 on Friday. SPDR NYSE Technology ETF has a 12 month low of $230.00 and a 12 month high of $392.44. The firm’s 50 day moving average is $362.77 and its 200 day moving average is $308.13. The stock has a market capitalization of $2.10 billion, a PE ratio of 31.16 and a beta of 1.43.

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.