Naples Money Management LLC Invests $88,000 in SPDR FactSet Innovative Technology ETF (NYSEARCA:XITK)

Naples Money Management LLC purchased a new position in shares of SPDR FactSet Innovative Technology ETF (NYSEARCA:XITK) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 600 shares of the company’s stock, valued at approximately $88,000. Naples Money Management LLC owned approximately 0.08% of SPDR FactSet Innovative Technology ETF at the end of the most recent reporting period.

Separately, Cambridge Investment Research Advisors Inc. purchased a new stake in SPDR FactSet Innovative Technology ETF in the 1st quarter valued at approximately $220,000.

SPDR FactSet Innovative Technology ETF Price Performance

XITK traded down $3.04 during trading on Friday, hitting $132.61. The company’s stock had a trading volume of 1,200 shares, compared to its average volume of 5,075. The firm’s 50 day moving average price is $147.63 and its 200-day moving average price is $138.51. The stock has a market cap of $88.85 million, a PE ratio of 34.95 and a beta of 1.81. SPDR FactSet Innovative Technology ETF has a twelve month low of $105.37 and a twelve month high of $154.76.

About SPDR FactSet Innovative Technology ETF

The SPDR FactSet Innovative Technology ETF (XITK) is an exchange-traded fund that is based on the FactSet Innovative Technology index. The fund tracks an index composed of US-listed technology and electronic media companies deemed innovative or disruptive by FactSet. XITK was launched on Jan 13, 2016 and is managed by State Street.