SPDR FactSet Innovative Technology ETFXITK
XITK
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
3% more funds holding
Funds holding: 40 [Q2] → 41 (+1) [Q3]
44.19% less ownership
Funds ownership: 78.65% [Q2] → 34.46% (-44.19%) [Q3]
56% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 16
65% less capital invested
Capital invested by funds: $88.8M [Q2] → $30.9M (-$57.9M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for XITK.
Financial journalist opinion
Positive
Seeking Alpha
1 week ago
XITK Gets A Buy Rating For Those Wanting Small-Cap Technology Exposure
The SPDR FactSet Innovative Technology ETF offers exposure to high-growth tech and electronic media companies, aiming to capture innovation across diverse market capitalizations. XITK has $100m in AUM, 45bps fees, and no dividend payments since inception; it uses an equal-weighted index to mitigate stock-specific risk. Performance varies by time period, but XITK is recommended for those who can handle volatility; it gets a Buy rating for risk-tolerant investors, Hold for others.
Positive
Seeking Alpha
2 weeks ago
XITK: Unconvincing Risk/Benefit Profile
SPDR FactSet Innovative Technology ETF holds 100 stocks of innovative companies closely related to technology. XITK primarily measures innovation based on revenue growth and has a focus on the software industry. Valuation and growth metrics are attractive relative to the sector benchmark XLK, but the sector as a whole is deeply overvalued.
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