RFG Advisory LLC increased its stake in SP Funds S&P Global Technology ETF (NYSEARCA:SPTE – Free Report) by 20.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 75,712 shares of the company’s stock after buying an additional 12,723 shares during the period. RFG Advisory LLC owned approximately 0.06% of SP Funds S&P Global Technology ETF worth $2,130,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Tidal Investments LLC acquired a new position in shares of SP Funds S&P Global Technology ETF in the third quarter worth approximately $751,000. Farther Finance Advisors LLC lifted its stake in shares of SP Funds S&P Global Technology ETF by 20.8% in the third quarter. Farther Finance Advisors LLC now owns 7,965 shares of the company’s stock worth $216,000 after acquiring an additional 1,370 shares during the period. Finally, Shariaportfolio Inc. lifted its stake in shares of SP Funds S&P Global Technology ETF by 2.2% in the third quarter. Shariaportfolio Inc. now owns 725,547 shares of the company’s stock worth $19,685,000 after acquiring an additional 15,572 shares during the period.
SP Funds S&P Global Technology ETF Price Performance
SP Funds S&P Global Technology ETF stock opened at $29.42 on Friday. The stock’s 50 day moving average is $28.40 and its 200 day moving average is $27.39. The firm has a market cap of $38.25 million, a P/E ratio of 34.01 and a beta of 1.53. SP Funds S&P Global Technology ETF has a one year low of $22.22 and a one year high of $29.80.
SP Funds S&P Global Technology ETF Company Profile
The SP Funds S&P Global Technology ETF (SPTE) is an exchange-traded fund that mostly invests in information technology equity. The fund is a passively managed fund, investing in global technology firms adhering to Shariah investment principles. Stocks selected for the portfolio are weighted based on market-cap SPTE was launched on Nov 30, 2023 and is issued by SP Funds.
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