Technology SPDR (XLK) Stake Reduced by Acropolis Investment Management
Acropolis Investment Management cut its position in Technology SPDR (ETF) (NYSEARCA:XLK) by 1.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 31,948 shares of the company’s stock after selling 370 shares during the period. Acropolis Investment Management’s holdings in Technology SPDR (ETF) were worth $1,368,000 as of its most recent filing with the SEC.
Several other large investors also recently bought and sold shares of the stock. Vicus Capital raised its stake in Technology SPDR (ETF) by 1.0% in the fourth quarter. Vicus Capital now owns 16,304 shares of the company’s stock worth $698,000 after buying an additional 162 shares during the period. Stillwater Investment Management raised its stake in shares of Technology SPDR (ETF) by 0.7% in the fourth quarter. Stillwater Investment Management now owns 44,359 shares of the company’s stock worth $1,900,000 after buying an additional 300 shares during the period. St. Johns Investment Management Company raised its stake in shares of Technology SPDR (ETF) by 3.5% in the fourth quarter. St. Johns Investment Management Company now owns 22,047 shares of the company’s stock worth $944,000 after buying an additional 750 shares during the period. Atria Investments raised its stake in shares of Technology SPDR (ETF) by 2.7% in the fourth quarter. Atria Investments now owns 41,848 shares of the company’s stock worth $1,678,000 after buying an additional 1,114 shares during the period. Finally, Benjamin F. Edwards & Company raised its stake in shares of Technology SPDR (ETF) by 4.6% in the fourth quarter. Benjamin F. Edwards & Company now owns 47,108 shares of the company’s stock worth $2,018,000 after buying an additional 2,077 shares during the period.
Technology SPDR (NYSEARCA:XLK) opened at 40.56 on Friday. Technology SPDR has a 12-month low of $31.32 and a 12-month high of $44.65. The firm’s 50-day moving average price is $41.60 and its 200-day moving average price is $41.92.
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 (NYSEARCA:XLK). 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. Sector SPDR Trust SBI Interest’s investment advisor is SSgA Funds Management, Inc.
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