The Technology sector (XLK) held steady during a trading day that saw the S&P 500 grow 0.1%.
Although it went in the opposite direction of the market today, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, XLK was down 3.1% over the last thirty trading days while the S&P 500 was down 3.7%.
Synacor (SYNC) was a major gainer in the sector, rising 9.5% (+97 cents) to close at $11.21 with 697,290 shares moving. The stock traded in a range of $9.70 to $11.25. Similarly, Ancestry.com (ACOM) gained today, increasing $1.29 (+5.9%) to close at $23.11.
VOXX International (VOXX) was a major loser in the sector. Its price dropped 6.1% (-71 cents) to close at $10.99, as 311,260 shares moved. The stock traded between $10.80 and $11.65.
Generac Holdings (GNRC) declined 3.6% to close at $25.17, moving below its 50-day moving average of $25.00 and 200-day moving average of $25.44. NetSuite (N) rose 3.7% to close at $46.75, crossing its 50-day moving average of $45.61.
Avago Technologies (AVGO) rose 7.2% to close at $33.52, approaching its 50-day moving average of $33.77. It has also moved closer to its 200-day moving average of $33.96. Verint Systems (VRNT) fell 2.4% to close at $29.43, moving down to 1.7% above its 200-day moving average of $28.94.
Stratasys (SSYS) hit a new 52-week high today, reaching $54.96 to top the previous high of $53.39.
Brightcove (BCOV) hit a new 52-week low today, hitting $12.38 to fall below the previous low of $13.36.