SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX – Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 1,996 shares, a growth of 883.3% from the August 31st total of 203 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average daily volume of 3,567 shares, the short-interest ratio is currently 0.6 days.
SPDR Galaxy Transformative Tech Accelerators ETF Price Performance
NASDAQ TEKX traded down $1.19 during trading on Friday, hitting $66.32. 4,239 shares of the company’s stock traded hands, compared to its average volume of 3,837. The stock has a fifty day moving average of $64.26 and a two-hundred day moving average of $59.79. SPDR Galaxy Transformative Tech Accelerators ETF has a 12-month low of $38.32 and a 12-month high of $77.28. The firm has a market cap of $16.58 million, a P/E ratio of 26.41 and a beta of 3.10.
Institutional Investors Weigh In On SPDR Galaxy Transformative Tech Accelerators ETF
A hedge fund recently bought a new position in SPDR Galaxy Transformative Tech Accelerators ETF stock. Wedbush Securities Inc. purchased a new position in shares of SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 74,129 shares of the company’s stock, valued at approximately $2,170,000. Wedbush Securities Inc. owned about 29.65% of SPDR Galaxy Transformative Tech Accelerators ETF at the end of the most recent reporting period.
SPDR Galaxy Transformative Tech Accelerators ETF Company Profile
The SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking long-term capital appreciation through investments in companies identified as transformative tech accelerators, both internationally and domestically. TEKX was launched on Sep 9, 2024 and is issued by State Street.
See Also
- Five stocks we like better than SPDR Galaxy Transformative Tech Accelerators ETF
- These 3 Overlooked Stocks Have Big Money Behind Them
- Darden Restaurants Serves Up Fresh Catalysts for a Stock Price Rally
- Best Buy Is Turning Amazon Fire TV Into a New Advertising Opportunity
- MarketBeat Week in Review – 09/21 – 09/25
Receive News & Ratings for SPDR Galaxy Transformative Tech Accelerators ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Galaxy Transformative Tech Accelerators ETF and related companies with MarketBeat.com's FREE daily email newsletter.
