Murphy Capital Management Inc. lessened its stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 9.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,589 shares of the company’s stock after selling 2,330 shares during the period. Murphy Capital Management Inc. owned 0.37% of SPDR NYSE Technology ETF worth $1,537,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Suntrust Banks Inc. grew its holdings in SPDR NYSE Technology ETF by 18.5% during the 4th quarter. Suntrust Banks Inc. now owns 12,792 shares of the company’s stock worth $761,000 after acquiring an additional 1,998 shares in the last quarter. Two Sigma Securities LLC bought a new position in SPDR NYSE Technology ETF during the 4th quarter worth about $245,000. Claybrook Capital LLC bought a new position in SPDR NYSE Technology ETF during the 4th quarter worth about $384,000. AdvisorNet Financial Inc bought a new position in SPDR NYSE Technology ETF during the 4th quarter worth about $334,000. Finally, Institute for Wealth Management LLC. bought a new position in SPDR NYSE Technology ETF during the 4th quarter worth about $382,000.
SPDR NYSE Technology ETF stock traded down $0.10 during midday trading on Thursday, hitting $73.29. 1,826 shares of the company’s stock were exchanged, compared to its average volume of 31,855. SPDR NYSE Technology ETF has a 12 month low of $53.99 and a 12 month high of $98.30.
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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.
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