State Street SPDR FactSet Innovative Technology ETF
XITK
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Jan 14, 2016
- CIK
- 0001064642
- Website
- ssga.com
- Similar Companies
- Business
- SPDR FactSet Innovative Technology ETF (XITK) is an exchange-traded fund that seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the FactSet Innovative Technology Index. The fund tracks an equally weighted index comprising approximately 97-100 U.S.-listed stocks and American Depositary Receipts of technology companies and technology-related electronic media companies identified by FactSet Research Systems Inc. as operating in the most innovative segments based on robust revenue growth, cutting-edge research, innovative product development, and disruptive business models; key sectors include IT infrastructure software, enterprise management software, web-based data and services, finance software and services, and consumer data and services, with top holdings such as Sezzle Inc., fuboTV Inc., Hesai Group, Roblox Corp., ACM Research Inc., Spotify Technology SA, Couchbase Inc., Zscaler Inc., Calix Inc., and Netflix Inc. XITK offers investors exposure to multi-cap growth stocks across the technology sector and electronic media sub-sector of the media sector, targeting companies providing leading-edge products and services; it maintains a gross expense ratio of 0.45%, assets under management of approximately $84 million, and trades on U.S. exchanges with a focus on developed markets. Launched on January 13, 2016, and issued by State Street Global Advisors, a division of State Street Corporation headquartered in Boston, Massachusetts, the ETF operates primarily in the United States with no reported subsidiaries or parent company relationships beyond its issuer. Recent developments include sustained portfolio rebalancing under the equal-weighted methodology to capture evolving innovation trends, such as increased weighting in high-growth holdings like semiconductor manufacturing capital equipment and automotive electronics amid market shifts as of June 2025, alongside strong year-to-date performance of approximately 8.7% NAV return through mid-2025 reflecting resilience in innovative tech amid economic fluctuations.