RFG Advisory LLC Invests $574,000 in SP Funds S&P Global Technology ETF $SPTE

RFG Advisory LLC purchased a new stake in SP Funds S&P Global Technology ETF (NYSEARCA:SPTE) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 16,559 shares of the company’s stock, valued at approximately $574,000. RFG Advisory LLC owned about 0.52% of SP Funds S&P Global Technology ETF at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Jane Street Group LLC acquired a new position in SP Funds S&P Global Technology ETF during the fourth quarter valued at approximately $1,443,000. Susquehanna International Group LLP raised its holdings in SP Funds S&P Global Technology ETF by 96.4% in the third quarter. Susquehanna International Group LLP now owns 48,628 shares of the company’s stock worth $1,672,000 after purchasing an additional 23,870 shares during the period. Flow Traders U.S. LLC acquired a new stake in SP Funds S&P Global Technology ETF in the second quarter worth $345,000. Mariner LLC bought a new position in shares of SP Funds S&P Global Technology ETF during the fourth quarter worth $292,000. Finally, Farther Finance Advisors LLC boosted its position in shares of SP Funds S&P Global Technology ETF by 80.6% during the fourth quarter. Farther Finance Advisors LLC now owns 12,948 shares of the company’s stock worth $456,000 after purchasing an additional 5,777 shares in the last quarter.

SP Funds S&P Global Technology ETF Stock Up 3.2%

Shares of SPTE stock opened at $47.46 on Tuesday. SP Funds S&P Global Technology ETF has a 12-month low of $30.61 and a 12-month high of $50.75. The firm has a market capitalization of $161.36 million, a price-to-earnings ratio of 34.36 and a beta of 1.57. The firm has a fifty day moving average of $45.70 and a 200-day moving average of $39.56.

SP Funds S&P Global Technology ETF 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.