Martin & Co. Inc. TN cut its position in shares of Technology Select Sector SPDR ETF (NYSEARCA:XLK) by 4.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 201,362 shares of the exchange traded fund’s stock after selling 9,955 shares during the quarter. Technology Select Sector SPDR ETF comprises about 3.9% of Martin & Co. Inc. TN’s holdings, making the stock its largest position. Martin & Co. Inc. TN owned 0.07% of Technology Select Sector SPDR ETF worth $11,900,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Swan Global Investments LLC increased its position in shares of Technology Select Sector SPDR ETF by 6.1% during the third quarter. Swan Global Investments LLC now owns 6,840,040 shares of the exchange traded fund’s stock worth $401,510,000 after buying an additional 391,357 shares during the period. JPMorgan Chase & Co. increased its position in shares of Technology Select Sector SPDR ETF by 43.8% during the third quarter. JPMorgan Chase & Co. now owns 5,416,568 shares of the exchange traded fund’s stock worth $317,954,000 after buying an additional 1,649,928 shares during the period. Psagot Investment House Ltd. increased its position in shares of Technology Select Sector SPDR ETF by 6.0% during the third quarter. Psagot Investment House Ltd. now owns 3,207,524 shares of the exchange traded fund’s stock worth $189,565,000 after buying an additional 182,594 shares during the period. Rafferty Asset Management LLC increased its position in shares of Technology Select Sector SPDR ETF by 7.6% during the second quarter. Rafferty Asset Management LLC now owns 2,597,651 shares of the exchange traded fund’s stock worth $142,143,000 after buying an additional 183,910 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC acquired a new stake in shares of Technology Select Sector SPDR ETF during the second quarter worth $84,314,000.

Technology Select Sector SPDR ETF (NYSEARCA XLK) traded up $0.13 on Wednesday, hitting $64.26. 8,397,000 shares of the stock traded hands, compared to its average volume of 9,439,542. Technology Select Sector SPDR ETF has a 52 week low of $48.21 and a 52 week high of $64.77.

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Technology Select Sector SPDR ETF 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.

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

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