Technology Select Sector SPDR Fund (NYSEARCA:XLK – Get Free Report) declared a quarterly dividend on Friday, January 2nd. Stockholders of record on Monday, June 22nd will be given a dividend of 0.2279 per share by the exchange traded fund on Wednesday, June 24th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Monday, June 22nd. This is a 36.1% increase from Technology Select Sector SPDR Fund’s previous quarterly dividend of $0.17.
Technology Select Sector SPDR Fund Stock Performance
Technology Select Sector SPDR Fund stock opened at $191.44 on Friday. Technology Select Sector SPDR Fund has a 12-month low of $119.38 and a 12-month high of $198.73. The firm has a market capitalization of $124.10 billion, a price-to-earnings ratio of 35.59 and a beta of 1.34. The firm has a 50 day moving average of $173.07 and a 200 day moving average of $152.72.
Institutional Trading of Technology Select Sector SPDR Fund
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Evermay Wealth Management LLC increased its holdings in Technology Select Sector SPDR Fund by 74.0% in the 4th quarter. Evermay Wealth Management LLC now owns 174 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 74 shares during the last quarter. Stone House Investment Management LLC purchased a new position in shares of Technology Select Sector SPDR Fund during the fourth quarter valued at about $26,000. Operose Advisors LLC bought a new stake in shares of Technology Select Sector SPDR Fund in the fourth quarter worth about $26,000. AG Campbell Advisory LLC bought a new position in shares of Technology Select Sector SPDR Fund during the 4th quarter valued at approximately $27,000. Finally, JPL Wealth Management LLC purchased a new position in shares of Technology Select Sector SPDR Fund in the third quarter valued at $28,000.
Technology Select Sector SPDR Fund Company Profile
The Technology Select Sector SPDR Fund is an exchange-traded fund that aims to track, before fees and expenses, the performance of the Technology Select Sector Index. The index is designed to represent the technology companies within the S&P 500 and provides concentrated exposure to industries such as software, semiconductors, IT services, communications equipment, and technology hardware.
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