SPDR® FactSet Innovative Technology ETF company info

What does SPDR® FactSet Innovative Technology ETF do?

The SPDR® FactSet Innovative Technology ETF (NYSE:XITK) specializes in investing in the global technology sector, focusing on industries that stand on the cutting edge of innovation such as software and services, hardware, and technology equipment. The ETF aims to track the performance of the FactSet Innovative Technology Index, which represents companies showing high growth potential in the tech space. XITK seeks to provide investors with exposure to both established and emerging tech companies, diversifying investments across geographies and market sub-sectors. Through careful selection and strategic investments in high-growth tech firms, this ETF aims to offer shareholders the opportunity to capitalize on technological advancements and the evolving digital landscape.
SPDR® FactSet Innovative Technology ETF company media

Company Snapshot

Is SPDR® FactSet Innovative Technology ETF a public or private company?

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Ownership

Public

How many people does SPDR® FactSet Innovative Technology ETF employ?

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Employees

2,307

What sector is SPDR® FactSet Innovative Technology ETF in?

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Sector

ETF

Where is the head office for SPDR® FactSet Innovative Technology ETF?

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Head Office

Boston, United States

What year was SPDR® FactSet Innovative Technology ETF founded?

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Year Founded

2016

What does SPDR® FactSet Innovative Technology ETF specialise in?

/Investment Management /Technology ETF /Innovation Focus /Portfolio Diversification /Risk Management /Securities Trading

What are the products and/or services of SPDR® FactSet Innovative Technology ETF?

Overview of SPDR® FactSet Innovative Technology ETF offerings
Investment in leading-edge technological companies focusing on media, digital evolution, and interactive platforms.
Portfolio diversification across innovative tech sectors, including software, hardware, and information technology services.
Providing access to global emerging technologies and digital disruptors.
Enhanced exposure to high-growth potential firms in the technology and media sectors.
Leveraging FactSet’s robust analytics for targeted technology investment strategies.
Regular rebalancing to adapt to the rapidly evolving tech landscape.