SPDR Morgan Stanley Technology (XNTK) Position Lifted by Stifel Financial Corp

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Stifel Financial Corp lifted its position in SPDR Morgan Stanley Technology (NYSEARCA:XNTK) by 57.8% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,587 shares of the company’s stock after buying an additional 9,004 shares during the period. Stifel Financial Corp owned approximately 0.24% of SPDR Morgan Stanley Technology worth $2,193,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. First Allied Advisory Services Inc. bought a new stake in shares of SPDR Morgan Stanley Technology in the 4th quarter worth $180,000. Banco de Sabadell S.A acquired a new stake in shares of SPDR Morgan Stanley Technology during the fourth quarter worth $261,000. Citadel Advisors LLC acquired a new stake in shares of SPDR Morgan Stanley Technology during the fourth quarter worth $309,000. Captrust Financial Advisors raised its position in shares of SPDR Morgan Stanley Technology by 157.9% during the fourth quarter. Captrust Financial Advisors now owns 3,851 shares of the company’s stock worth $323,000 after purchasing an additional 2,358 shares during the period. Finally, Wedbush Securities Inc. raised its position in shares of SPDR Morgan Stanley Technology by 45.3% during the first quarter. Wedbush Securities Inc. now owns 4,337 shares of the company’s stock worth $386,000 after purchasing an additional 1,353 shares during the period.

SPDR Morgan Stanley Technology traded up $0.17, hitting $93.36, during trading hours on Friday, MarketBeat reports. 14,463 shares of the company’s stock traded hands, compared to its average volume of 28,229. SPDR Morgan Stanley Technology has a twelve month low of $71.73 and a twelve month high of $98.30.

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 21st. Investors of record on Tuesday, June 19th were given a dividend of $0.1545 per share. This represents a $0.62 annualized dividend and a yield of 0.66%. This is a positive change from SPDR Morgan Stanley Technology’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Monday, June 18th.

SPDR Morgan Stanley Technology 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.

Institutional Ownership by Quarter for SPDR Morgan Stanley Technology (NYSEARCA:XNTK)

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