Home Federal Bank of Tennessee Purchases Shares of 3,285 Technology Select Sector SPDR ETF (XLK)

Home Federal Bank of Tennessee purchased a new position in Technology Select Sector SPDR ETF (NYSEARCA:XLK) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 3,285 shares of the exchange traded fund’s stock, valued at approximately $210,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Swan Global Investments LLC lifted its holdings in shares of Technology Select Sector SPDR ETF by 6.1% in the 3rd quarter. Swan Global Investments LLC now owns 6,840,040 shares of the exchange traded fund’s stock worth $401,510,000 after acquiring an additional 391,357 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Technology Select Sector SPDR ETF by 43.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,416,568 shares of the exchange traded fund’s stock worth $317,954,000 after acquiring an additional 1,649,928 shares during the last quarter. Psagot Investment House Ltd. lifted its holdings in shares of Technology Select Sector SPDR ETF by 6.0% in the 3rd quarter. Psagot Investment House Ltd. now owns 3,207,524 shares of the exchange traded fund’s stock worth $189,565,000 after acquiring an additional 182,594 shares during the last quarter. Rafferty Asset Management LLC lifted its holdings in shares of Technology Select Sector SPDR ETF by 7.6% in the 2nd quarter. Rafferty Asset Management LLC now owns 2,597,651 shares of the exchange traded fund’s stock worth $142,143,000 after acquiring an additional 183,910 shares during the last quarter. Finally, Mizuho Bank Ltd. bought a new stake in shares of Technology Select Sector SPDR ETF in the 3rd quarter worth approximately $100,470,000.

Technology Select Sector SPDR ETF (XLK) traded up $0.21 during trading hours on Thursday, reaching $66.36. 10,407,700 shares of the company were exchanged, compared to its average volume of 10,460,986. Technology Select Sector SPDR ETF has a 52 week low of $49.04 and a 52 week high of $66.70. The company has a market cap of $20,220.00 and a price-to-earnings ratio of 7.67.

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Monday, December 18th were issued a dividend of $0.2383 per share. This is a positive change from Technology Select Sector SPDR ETF’s previous quarterly dividend of $0.21. This represents a $0.95 dividend on an annualized basis and a yield of 1.44%. The ex-dividend date of this dividend was Friday, December 15th. Technology Select Sector SPDR ETF’s dividend payout ratio is currently 10.17%.

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Technology Select Sector SPDR ETF Profile

Sector SPDR Trust SBI Interest, formerly Technology Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Technology Select Sector of the S&P 500 Index (the Index). The Index includes companies primarily involved in industries, such as information technology (IT) consulting, semiconductor equipment and products, computers and peripherals, diversified telecommunication services and wireless telecommunication services.It utilizes a passive or indexing investment approach to invest in a portfolio of stocks that seek to replicate the Index.

Institutional Ownership by Quarter for Technology Select Sector SPDR ETF (NYSEARCA:XLK)

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