Technology Select Sector SPDR ETF (XLK) Shares Bought by Acropolis Investment Management LLC

Acropolis Investment Management LLC lifted its holdings in shares of Technology Select Sector SPDR ETF (NYSEARCA:XLK) by 12.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 29,046 shares of the exchange traded fund’s stock after buying an additional 3,264 shares during the period. Acropolis Investment Management LLC’s holdings in Technology Select Sector SPDR ETF were worth $1,858,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Valeo Financial Advisors LLC acquired a new position in Technology Select Sector SPDR ETF in the 3rd quarter valued at $112,000. Horan Capital Advisors LLC. acquired a new position in Technology Select Sector SPDR ETF in the 3rd quarter valued at $120,000. Toronto Dominion Bank raised its stake in Technology Select Sector SPDR ETF by 152.0% in the 3rd quarter. Toronto Dominion Bank now owns 2,530 shares of the exchange traded fund’s stock valued at $150,000 after purchasing an additional 7,400 shares during the last quarter. San Francisco Sentry Investment Group CA acquired a new position in Technology Select Sector SPDR ETF in the 2nd quarter valued at $152,000. Finally, YorkBridge Wealth Partners LLC raised its stake in Technology Select Sector SPDR ETF by 3.2% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 3,055 shares of the exchange traded fund’s stock valued at $166,000 after purchasing an additional 96 shares during the last quarter.

Technology Select Sector SPDR ETF (XLK) traded up $0.27 during midday trading on Thursday, reaching $66.42. The company had a trading volume of 2,390,000 shares. Technology Select Sector SPDR ETF has a 1 year low of $49.04 and a 1 year high of $66.70. The firm has a market cap of $20,230.00 and a P/E ratio of 7.68.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Monday, December 18th were paid a $0.2383 dividend. This is an increase from Technology Select Sector SPDR ETF’s previous quarterly dividend of $0.21. This represents a $0.95 annualized dividend and a yield of 1.43%. The ex-dividend date 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.

Want to see what other hedge funds are holding XLK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Technology Select Sector SPDR ETF (NYSEARCA:XLK).

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

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