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SPDR Morgan Stanley Technology (XNTK)XNTK
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- PASS (Skip invest)*
Stock price based out of last close (see disclosures)
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Upturn Advisory Summary
09/18/2024: XNTK (2-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Upturns
Type: ETF | Upturn Star Rating | Today’s Advisory: PASS |
Profit: 16.21% | Upturn Advisory Performance  3 | Avg. Invested days: 47 |
| Profits based on simulation | ETF Returns Performance  3 | Last Close 09/18/2024 |
Type: ETF | Today’s Advisory: PASS |
Profit: 16.21% | Avg. Invested days: 47 |
Upturn Star Rating | ETF Returns Performance 3 |
| Profits based on simulation Last Close 09/18/2024 | Upturn Advisory Performance 3 |
Key Highlights
Volume (30-day avg) 10548 | Beta 1.39 |
52 Weeks Range 129.04 - 204.78 | Updated Date 09/18/2024 |
52 Weeks Range 129.04 - 204.78 | Updated Date 09/18/2024 |
AI Summarization
ETF Summary: SPDR Morgan Stanley Technology (MTK)
Profile
- Focus: Technology sector.
- Asset Allocation: Primarily invests in large and mid-cap technology companies.
- Investment Strategy: Seeks to track the Morgan Stanley Technology Index, which consists of companies selected based on factors like financial strength, growth potential, and valuation.
Objective
- To provide investors with exposure to the technology sector and the potential for long-term capital appreciation.
Issuer
Morgan Stanley
- Reputation and Reliability: Leading global financial institution with a strong track record in asset management.
- Management: Experienced team with expertise in technology investing.
Market Share
- Holds a significant share of the technology ETF market.
Total Net Assets
- Over $40 billion as of October 27, 2023.
Moat
- Strong brand recognition: Benefits from the reputation of Morgan Stanley.
- Experienced management team: Provides expertise and insights into the technology sector.
- Diversified holdings: Minimizes risk through exposure to a broad range of companies.
Financial Performance
- Historical performance: Outperformed the S&P 500 in recent years, particularly during periods of strong technology sector growth.
- Benchmark comparison: Generally tracks the Morgan Stanley Technology Index closely.
Growth Trajectory
- Growth potential driven by the continued expansion of the technology sector.
- May benefit from increasing demand for technology-related products and services.
Liquidity
- Average trading volume: High, ensuring easy buying and selling.
- Bid-ask spread: Tight, indicating low trading costs.
Market Dynamics
- Benefiting from strong growth in the technology sector.
- Potential headwinds include rising interest rates and economic uncertainty.
Competitors
- iShares Expanded Tech Sector ETF (IGV)
- Vanguard Information Technology ETF (VGT)
Expense Ratio
- 0.35%
Investment Approach and Strategy
- Strategy: Tracks the Morgan Stanley Technology Index.
- Composition: Primarily holds large and mid-cap technology stocks.
Key Points
- Diversified exposure to the technology sector.
- Strong track record and experienced management team.
- Highly liquid and relatively low-cost.
Risks
- Volatility: Technology sector can experience significant price swings.
- Market risk: Performance linked to the technology sector's performance.
Who Should Consider Investing
- Investors seeking long-term capital appreciation from the technology sector.
- Investors comfortable with a moderate level of risk.
Fundamental Rating Based on AI
8/10
MTK demonstrates strong fundamentals with a diversified portfolio, experienced management, and a well-established brand. Its alignment with the growing technology sector further strengthens its investment potential. However, investors should be aware of the inherent volatility associated with the technology industry.
Resources and Disclaimers
- Data sources: ETF.com, Yahoo Finance, Morgan Stanley
- Disclaimer: This information is for educational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SPDR Morgan Stanley Technology
The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. The index is composed of 35 leading U.S.-listed technology-related companies.
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