Traders Sell Shares of Technology Select Sector SPDR Fund (XLK) on Strength (XLK)

Traders sold shares of Technology Select Sector SPDR Fund (NYSEARCA:XLK) on strength during trading hours on Tuesday. $294.26 million flowed into the stock on the tick-up and $457.98 million flowed out of the stock on the tick-down, for a money net flow of $163.72 million out of the stock. Of all stocks tracked, Technology Select Sector SPDR Fund had the 0th highest net out-flow for the day. Technology Select Sector SPDR Fund traded up $1.83 for the day and closed at $65.53

The stock has a market capitalization of $20,210.00 and a P/E ratio of 7.37.

A number of large investors have recently made changes to their positions in XLK. Carnick & Kubik Group LLC grew its holdings in Technology Select Sector SPDR Fund by 5.3% during the 4th quarter. Carnick & Kubik Group LLC now owns 83,914 shares of the exchange traded fund’s stock worth $5,366,000 after acquiring an additional 4,209 shares during the period. Sigma Planning Corp grew its holdings in Technology Select Sector SPDR Fund by 7.6% during the 4th quarter. Sigma Planning Corp now owns 31,803 shares of the exchange traded fund’s stock worth $2,034,000 after acquiring an additional 2,245 shares during the period. USA Mutuals Advisors Inc. acquired a new stake in Technology Select Sector SPDR Fund during the 4th quarter worth about $347,000. San Francisco Sentry Investment Group CA grew its holdings in Technology Select Sector SPDR Fund by 26.0% during the 4th quarter. San Francisco Sentry Investment Group CA now owns 5,916 shares of the exchange traded fund’s stock worth $378,000 after acquiring an additional 1,222 shares during the period. Finally, OLD National Bancorp IN grew its holdings in Technology Select Sector SPDR Fund by 4.0% during the 4th quarter. OLD National Bancorp IN now owns 903,004 shares of the exchange traded fund’s stock worth $57,747,000 after acquiring an additional 34,416 shares during the period.

ILLEGAL ACTIVITY NOTICE: “Traders Sell Shares of Technology Select Sector SPDR Fund (XLK) on Strength (XLK)” was reported by Community Financial News and is the property of of Community Financial News. If you are accessing this news story on another website, it was illegally stolen and republished in violation of US & international trademark & copyright laws. The legal version of this news story can be accessed at https://www.com-unik.info/2018/02/08/traders-sell-shares-of-technology-select-sector-spdr-fund-xlk-on-strength-xlk.html.

About Technology Select Sector SPDR Fund

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.

Receive News & Ratings for Technology Select Sector SPDR Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Technology Select Sector SPDR Fund and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit