Prudential Financial Inc. decreased its position in Technology Select Sector SPDR ETF (NYSEARCA:XLK) by 63.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,120 shares of the exchange traded fund’s stock after selling 18,909 shares during the quarter. Prudential Financial Inc.’s holdings in Technology Select Sector SPDR ETF were worth $657,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. raised its stake in shares of Technology Select Sector SPDR ETF by 12.6% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 1,127,599 shares of the exchange traded fund’s stock valued at $66,641,000 after purchasing an additional 126,489 shares during the period. Parametric Portfolio Associates LLC raised its stake in shares of Technology Select Sector SPDR ETF by 94.6% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 7,598 shares of the exchange traded fund’s stock valued at $416,000 after purchasing an additional 3,693 shares during the period. Noesis Capital Mangement Corp raised its stake in shares of Technology Select Sector SPDR ETF by 5.2% in the 2nd quarter. Noesis Capital Mangement Corp now owns 9,555 shares of the exchange traded fund’s stock valued at $523,000 after purchasing an additional 475 shares during the period. Lee Capital Management LP raised its stake in shares of Technology Select Sector SPDR ETF by 1.0% in the 2nd quarter. Lee Capital Management LP now owns 41,203 shares of the exchange traded fund’s stock valued at $2,255,000 after purchasing an additional 398 shares during the period. Finally, Bronfman E.L. Rothschild L.P. raised its stake in shares of Technology Select Sector SPDR ETF by 18.3% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 2,284 shares of the exchange traded fund’s stock valued at $125,000 after purchasing an additional 353 shares during the period.

Technology Select Sector SPDR ETF (XLK) traded up $0.30 during trading hours on Friday, hitting $63.60. The company had a trading volume of 10,059,019 shares, compared to its average volume of 9,435,578. Technology Select Sector SPDR ETF has a twelve month low of $48.21 and a twelve month high of $64.77.

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Technology Select Sector SPDR ETF 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.

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

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