Technology Select Sector SPDR Fund (NYSEARCA:XLK – Get Rating) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $141.21 and traded as low as $126.88. Technology Select Sector SPDR Fund shares last traded at $128.71, with a volume of 10,321,638 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Truist Financial raised shares of Technology Select Sector SPDR Fund from an “underweight” rating to a “neutral” rating in a report on Thursday, July 21st.
Technology Select Sector SPDR Fund Stock Down 0.6 %
The stock has a 50 day moving average of $139.51 and a 200-day moving average of $141.21.
Institutional Investors Weigh In On Technology Select Sector SPDR Fund
About Technology Select Sector SPDR Fund
Sector SPDR Trust SBI Interest, formerly Technology Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Technology Select Sector of the S&P 500 Index (the Index). The Index includes companies primarily involved in industries, such as information technology (IT) consulting, semiconductor equipment and products, computers and peripherals, diversified telecommunication services and wireless telecommunication services.It utilizes a passive or indexing investment approach to invest in a portfolio of stocks that seek to replicate the Index.
- Get a free copy of the StockNews.com research report on Technology Select Sector SPDR Fund (XLK)
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