RFG Advisory LLC Acquires 12,723 Shares of SP Funds S&P Global Technology ETF (NYSEARCA:SPTE)

RFG Advisory LLC grew its position in shares of SP Funds S&P Global Technology ETF (NYSEARCA:SPTE) by 20.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 75,712 shares of the company’s stock after purchasing an additional 12,723 shares during the quarter. RFG Advisory LLC owned approximately 5.82% of SP Funds S&P Global Technology ETF worth $2,130,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Farther Finance Advisors LLC boosted its stake in shares of SP Funds S&P Global Technology ETF by 20.8% during the third quarter. Farther Finance Advisors LLC now owns 7,965 shares of the company’s stock valued at $216,000 after purchasing an additional 1,370 shares in the last quarter. Tidal Investments LLC acquired a new stake in shares of SP Funds S&P Global Technology ETF during the third quarter valued at about $751,000. Finally, Shariaportfolio Inc. boosted its stake in shares of SP Funds S&P Global Technology ETF by 2.2% during the third quarter. Shariaportfolio Inc. now owns 725,547 shares of the company’s stock valued at $19,685,000 after purchasing an additional 15,572 shares in the last quarter.

SP Funds S&P Global Technology ETF Trading Down 0.5 %

Shares of SPTE stock opened at $29.42 on Friday. The business’s 50-day moving average price is $28.40 and its 200-day moving average price is $27.39. SP Funds S&P Global Technology ETF has a 12 month low of $22.22 and a 12 month high of $29.80. The firm has a market capitalization of $38.25 million, a price-to-earnings ratio of 34.01 and a beta of 1.53.

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.