Technology Select Sector SPDR Fund (NYSEARCA:XLK) Sets New 1-Year High at $233.06

Technology Select Sector SPDR Fund (NYSEARCA:XLK)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $233.06 and last traded at $232.17, with a volume of 352596 shares trading hands. The stock had previously closed at $232.17.

Technology Select Sector SPDR Fund Stock Performance

The stock has a market cap of $73.07 billion, a PE ratio of 36.81 and a beta of 1.35. The company’s 50 day simple moving average is $215.80 and its 200 day simple moving average is $206.17.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Russell Investments Group Ltd. purchased a new position in shares of Technology Select Sector SPDR Fund during the 4th quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of Technology Select Sector SPDR Fund during the 4th quarter valued at $30,000. VitalStone Financial LLC grew its position in shares of Technology Select Sector SPDR Fund by 591.7% during the 1st quarter. VitalStone Financial LLC now owns 166 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 142 shares in the last quarter. GHP Investment Advisors Inc. grew its position in Technology Select Sector SPDR Fund by 71.0% in the fourth quarter. GHP Investment Advisors Inc. now owns 171 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 71 shares in the last quarter. Finally, Pacifica Partners Inc. grew its position in Technology Select Sector SPDR Fund by 40.0% in the fourth quarter. Pacifica Partners Inc. now owns 210 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 60 shares in the last quarter.

Technology Select Sector SPDR Fund Company 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.