SP Funds S&P Global Technology ETF (NYSEARCA:SPTE – Get Free Report) announced a monthly dividend on Monday, October 26th. Investors of record on Tuesday, October 27th will be paid a dividend of $0.0065 per share on Wednesday, October 28th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Tuesday, October 27th.
SP Funds S&P Global Technology ETF Stock Up 1.3%
SPTE opened at $47.10 on Tuesday. The firm has a market cap of $255.75 million, a price-to-earnings ratio of 34.36 and a beta of 1.57. SP Funds S&P Global Technology ETF has a fifty-two week low of $32.74 and a fifty-two week high of $52.38. The company’s 50-day moving average price is $48.39 and its 200 day moving average price is $43.29.
Institutional Trading of SP Funds S&P Global Technology ETF
Institutional investors and hedge funds have recently made changes to their positions in the stock. Cetera Investment Advisers bought a new stake in shares of SP Funds S&P Global Technology ETF in the 1st quarter worth approximately $768,000. RFG Advisory LLC bought a new position in SP Funds S&P Global Technology ETF during the 1st quarter worth $574,000. TD Waterhouse Canada Inc. grew its stake in SP Funds S&P Global Technology ETF by 8.9% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 63,951 shares of the company’s stock worth $3,222,000 after buying an additional 5,227 shares during the last quarter. World Equity Group Inc. acquired a new stake in SP Funds S&P Global Technology ETF in the second quarter worth $232,000. Finally, Farther Finance Advisors LLC increased its position in SP Funds S&P Global Technology ETF by 9.7% in the third quarter. Farther Finance Advisors LLC now owns 23,034 shares of the company’s stock worth $1,152,000 after buying an additional 2,033 shares during the period.
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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