Farther Finance Advisors LLC Lowers Stock Position in SP Funds S&P Global Technology ETF $SPTE

Farther Finance Advisors LLC cut its stake in shares of SP Funds S&P Global Technology ETF (NYSEARCA:SPTE) by 23.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,899 shares of the company’s stock after selling 1,835 shares during the period. Farther Finance Advisors LLC owned 0.30% of SP Funds S&P Global Technology ETF worth $183,000 as of its most recent SEC filing.

Separately, RFG Advisory LLC grew its stake in shares of SP Funds S&P Global Technology ETF by 35.3% during the 1st quarter. RFG Advisory LLC now owns 102,407 shares of the company’s stock valued at $2,589,000 after buying an additional 26,695 shares during the period.

SP Funds S&P Global Technology ETF Stock Up 1.5%

Shares of NYSEARCA SPTE opened at $34.90 on Thursday. SP Funds S&P Global Technology ETF has a 52-week low of $21.32 and a 52-week high of $34.94. The firm has a fifty day moving average of $32.52 and a 200-day moving average of $29.45. The stock has a market capitalization of $68.06 million, a PE ratio of 34.36 and a beta of 1.53.

SP Funds S&P Global Technology ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 26th. Investors of record on Thursday, September 25th were given a dividend of $0.0065 per share. This represents a c) dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Thursday, September 25th.

About SP Funds S&P Global Technology ETF

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.