Technology Select Sector SPDR Fund Stock Forecast, Price & News

Wall Street analysts have given Technology Select Sector SPDR Fund a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Technology Select Sector SPDR Fund wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Technology Select Sector SPDR Fund's stock was trading at $83.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, XLK stock has increased by 70.0% and is now trading at $141.97.
View which stocks have been most impacted by COVID-19.

Technology Select Sector SPDR Fund pays an annual dividend of $1.10 per share and currently has a dividend yield of 0.78%.
View Technology Select Sector SPDR Fund's dividend history.

Based on aggregate information from My MarketBeat watchlists, some companies that other Technology Select Sector SPDR Fund investors own include NVIDIA (NVDA), AT&T (T), Intel (INTC), Financial Select Sector SPDR Fund (XLF), Verizon Communications (VZ), Johnson & Johnson (JNJ), Bank of America (BAC), The Walt Disney (DIS), Visa (V) and Tesla (TSLA).

Technology Select Sector SPDR Fund trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "XLK."

Technology Select Sector SPDR Fund's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Morgan Stanley (3.01%), State of Tennessee Treasury Department (1.20%), Envestnet Asset Management Inc. (1.12%), Royal Bank of Canada (1.08%), CHURCHILL MANAGEMENT Corp (1.07%) and Janney Montgomery Scott LLC (1.05%).

XLK stock was sold by a variety of institutional investors in the last quarter, including Assetmark Inc., MD Financial Management Inc., CHURCHILL MANAGEMENT Corp, Captrust Financial Advisors, Psagot Investment House Ltd., Morgan Stanley, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD, and Mirae Asset Global Investments Co. Ltd..

XLK stock was bought by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, JPMorgan Chase & Co., Envestnet Asset Management Inc., Nissay Asset Management Corp Japan ADV, Bank of Nova Scotia, WestEnd Advisors LLC, Janney Montgomery Scott LLC, and Sumitomo Mitsui Financial Group Inc..

Shares of XLK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of XLK stock can currently be purchased for approximately $141.97.

Technology Select Sector SPDR Fund has a market capitalization of $40.38 billion.

The official website for Technology Select Sector SPDR Fund is www.sectorspdr.com.

Technology Select Sector SPDR Fund is headquartered at 225 Franklin Street C/O State Street Bank and Trust Company, BOSTON, MA 02110, United States.