XITK Stock Summary and Trading Ideas (SPDR Factset Innovative Technology ETF | ARCA:XITK)

The SPDR FactSet Innovative Technology ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the FactSet Innovative Technology Index. The FactSet Innovative Technology Index (the "Index") is designed to represent the performance of U.S.-listed stock and American Depository Receipts ("ADRs") of Technology companies and Technology-related companies (including Electronic Media companies) within the most innovative segments of the Technology sector and Electronic Media sub-sector of the Media sector, as defined by FactSet Research Systems, Inc. ("FactSet" or the "Index Provider"). The Index Provider considers the most innovative segments of the Technology sector and Electronic Media sub-sector to be those with the highest revenue growth and believes that these companies are often involved in cutting edge research, innovative product and service development, disruptive business models, or a combination of these activities. In addition to traditional Technology companies, Electronic Media companies are included in the Index because of their core focus on technology and the integral role technology plays in determining how such companies operate, innovate and compete within their industry.

SPDR Factset Innovative Technology ETF trades on the ARCA stock market under the symbol XITK.

As of March 14, 2025, XITK stock price climbed to $165.24 with 2,211 million shares trading.

XITK has a market cap of $92.54 million. This is considered a Micro Cap stock.

In the last 3 years, XITK traded as high as $196.60 and as low as $90.06.

XITK has outperformed the market in the last year with a return of +12.1%, while the SPY ETF gained +11.0%. However, in the most recent history, XITK shares have underperformed the stock market with its stock returning -9.1% in the last 3 month period and -6.3% for the last 2 week period, while SPY has returned -6.5% and -5.3%, respectively.

XITK support price is $156.36 and resistance is $163.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XITK shares will trade within this expected range on the day.