State Street SPDR FactSet Innovative Technology ETF (XITK) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Boston, MA, United States.
XITK has IPO date of 2016-01-14, listed on the NYSE, a market capitalization of $54.97M.
The State Street 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 "Index")Seeks to obtain exposure to companies within sub-sectors with robust revenue growth that may provide leading-edge products and servicesMay offer a way to capture innovation throughout the tech sector and electronic media sub-sector, and not just within one particular trendAs a result of equal weighted index methodology, may reduce stock-specific risk when attempting to overweight the more innovative areas of technology
