RiverFront Investment Group LLC Invests $262.86 Million in SPDR Morgan Stanley Technology (XNTK)

RiverFront Investment Group LLC acquired a new stake in SPDR Morgan Stanley Technology (NYSEARCA:XNTK) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,783,310 shares of the company’s stock, valued at approximately $262,855,000. SPDR Morgan Stanley Technology comprises about 6.2% of RiverFront Investment Group LLC’s investment portfolio, making the stock its 3rd biggest position. RiverFront Investment Group LLC owned about 0.27% of SPDR Morgan Stanley Technology as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in XNTK. We Are One Seven LLC purchased a new position in SPDR Morgan Stanley Technology during the 3rd quarter worth approximately $442,000. E&G Advisors LP purchased a new position in SPDR Morgan Stanley Technology during the 3rd quarter worth approximately $526,000. Squar Milner Financial Services LLC purchased a new position in SPDR Morgan Stanley Technology during the 3rd quarter worth approximately $627,000. Benjamin F. Edwards & Company Inc. raised its position in SPDR Morgan Stanley Technology by 24.4% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 7,383 shares of the company’s stock worth $689,000 after buying an additional 1,450 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in SPDR Morgan Stanley Technology by 13.8% during the 1st quarter. JPMorgan Chase & Co. now owns 8,568 shares of the company’s stock worth $762,000 after buying an additional 1,042 shares during the last quarter.

XNTK opened at $84.03 on Thursday. SPDR Morgan Stanley Technology has a 12-month low of $79.06 and a 12-month high of $98.30.

About SPDR Morgan Stanley Technology

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 Morgan Stanley Technology (NYSEARCA:XNTK)

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