Private Capital Advisors Inc. purchased a new position in shares of Technology Select Sector SPDR ETF (NYSEARCA:XLK) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,621 shares of the exchange traded fund’s stock, valued at approximately $232,000.

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

Technology Select Sector SPDR ETF (NYSEARCA:XLK) traded up $0.39 during trading hours on Friday, hitting $66.81. 8,154,283 shares of the stock were exchanged, compared to its average volume of 9,918,744. Technology Select Sector SPDR ETF has a 52 week low of $49.36 and a 52 week high of $66.90. The company has a market capitalization of $20,400.00 and a PE ratio of 7.72.

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Stockholders of record on Monday, December 18th were paid a $0.2383 dividend. The ex-dividend date of this dividend was Friday, December 15th. This represents a $0.95 dividend on an annualized basis and a dividend yield of 1.43%. This is a boost from Technology Select Sector SPDR ETF’s previous quarterly dividend of $0.21. Technology Select Sector SPDR ETF’s payout ratio is 10.17%.

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About Technology Select Sector SPDR ETF

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.

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

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