SP Funds S&P Global Technology ETF $SPTE Position Reduced by Tidal Investments LLC

Tidal Investments LLC reduced its stake in shares of SP Funds S&P Global Technology ETF (NYSEARCA:SPTE) by 11.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,091 shares of the company’s stock after selling 14,233 shares during the period. Tidal Investments LLC’s holdings in SP Funds S&P Global Technology ETF were worth $5,128,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of SPTE. Jane Street Group LLC acquired a new stake in SP Funds S&P Global Technology ETF during the fourth quarter valued at approximately $1,443,000. Susquehanna International Group LLP lifted its holdings in SP Funds S&P Global Technology ETF by 96.4% during the 3rd quarter. Susquehanna International Group LLP now owns 48,628 shares of the company’s stock worth $1,672,000 after buying an additional 23,870 shares during the last quarter. Cetera Investment Advisers acquired a new position in shares of SP Funds S&P Global Technology ETF in the 1st quarter worth approximately $768,000. RFG Advisory LLC acquired a new position in shares of SP Funds S&P Global Technology ETF in the 1st quarter worth approximately $574,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of SP Funds S&P Global Technology ETF in the 2nd quarter valued at approximately $345,000.

SP Funds S&P Global Technology ETF Stock Performance

SPTE stock opened at $47.94 on Monday. The firm has a market cap of $226.28 million, a P/E ratio of 34.36 and a beta of 1.60. SP Funds S&P Global Technology ETF has a 12-month low of $32.74 and a 12-month high of $50.75. The stock’s 50 day simple moving average is $46.77 and its 200 day simple moving average is $43.57.

SP Funds S&P Global Technology ETF Dividend Announcement

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

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.