SP Funds S&P Global Technology ETF $SPTE Shares Bought by RFG Advisory LLC

RFG Advisory LLC lifted its holdings in SP Funds S&P Global Technology ETF (NYSEARCA:SPTE) by 79.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 29,661 shares of the company’s stock after acquiring an additional 13,102 shares during the quarter. RFG Advisory LLC’s holdings in SP Funds S&P Global Technology ETF were worth $1,447,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Strengthening Families & Communities LLC boosted its holdings in SP Funds S&P Global Technology ETF by 8.9% during the second quarter. Strengthening Families & Communities LLC now owns 7,423 shares of the company’s stock worth $362,000 after buying an additional 609 shares in the last quarter. Merkkuri Wealth Advisors LLC bought a new stake in shares of SP Funds S&P Global Technology ETF during the 1st quarter worth $25,000. Sunbelt Securities Inc. bought a new stake in shares of SP Funds S&P Global Technology ETF during the 3rd quarter worth $28,000. IFP Advisors Inc raised its position in shares of SP Funds S&P Global Technology ETF by 182.1% during the second quarter. IFP Advisors Inc now owns 1,845 shares of the company’s stock worth $90,000 after purchasing an additional 1,191 shares during the period. Finally, Bank of America Corp DE acquired a new stake in shares of SP Funds S&P Global Technology ETF during the second quarter worth $50,000.

SP Funds S&P Global Technology ETF Trading Up 0.9%

SPTE stock opened at $47.94 on Friday. SP Funds S&P Global Technology ETF has a one year low of $32.74 and a one year high of $50.75. The firm has a 50-day moving average of $46.77 and a two-hundred day moving average of $43.52. The firm has a market capitalization of $226.28 million, a PE ratio of 34.36 and a beta of 1.60.

SP Funds S&P Global Technology ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 28th. Investors of record on Monday, July 27th were issued a dividend of $0.0065 per share. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, July 27th.

About SP Funds S&P Global Technology ETF

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.