Home ETF News Madden Advisory Services Inc. Purchases New Stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Madden Advisory Services Inc. Purchases New Stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

by TradingETFs.com

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Madden Advisory Services Inc. bought a new position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 7,536 shares of the company’s stock, valued at approximately $711,000. Madden Advisory Services Inc. owned approximately 0.07% of SPDR NYSE Technology ETF as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Stratos Wealth Partners LTD. purchased a new position in SPDR NYSE Technology ETF in the 3rd quarter worth approximately $110,000. Newport Wealth Strategies Inc. purchased a new position in SPDR NYSE Technology ETF in the 3rd quarter worth approximately $232,000. MML Investors Services LLC purchased a new position in SPDR NYSE Technology ETF in the 3rd quarter worth approximately $345,000. We Are One Seven LLC purchased a new position in SPDR NYSE Technology ETF in the 3rd quarter worth approximately $442,000. Finally, E&G Advisors LP purchased a new position in SPDR NYSE Technology ETF in the 3rd quarter worth approximately $526,000.

Shares of NYSEARCA XNTK traded down $2.47 during midday trading on Friday, reaching $80.56. 16,414 shares of the stock were exchanged, compared to its average volume of 37,410. SPDR NYSE Technology ETF has a twelve month low of $77.61 and a twelve month high of $98.30.

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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.

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Institutional Ownership by Quarter for SPDR NYSE Technology ETF (NYSEARCA:XNTK)

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