SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) Shares Up 1.2% – Time to Buy?

Shares of SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) shot up 1.2% on Friday . The company traded as high as $46.34 and last traded at $45.7310. 2,987 shares were traded during trading, a decline of 1% from the average session volume of 3,032 shares. The stock had previously closed at $45.17.

SPDR Galaxy Transformative Tech Accelerators ETF Trading Up 1.2%

The firm’s fifty day moving average price is $42.15 and its 200-day moving average price is $39.09. The firm has a market cap of $3.66 million, a price-to-earnings ratio of 26.41 and a beta of 2.97.

SPDR Galaxy Transformative Tech Accelerators ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were paid a $0.1411 dividend. This represents a yield of 35.0%. The ex-dividend date was Monday, December 29th.

Institutional Trading of SPDR Galaxy Transformative Tech Accelerators ETF

A hedge fund recently bought a new stake in SPDR Galaxy Transformative Tech Accelerators ETF stock. Jane Street Group LLC bought a new stake in SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 11,426 shares of the company’s stock, valued at approximately $249,000. Jane Street Group LLC owned 19.04% of SPDR Galaxy Transformative Tech Accelerators ETF as of its most recent SEC filing.

About SPDR Galaxy Transformative Tech Accelerators ETF

The SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking long-term capital appreciation through investments in companies identified as transformative tech accelerators, both internationally and domestically. TEKX was launched on Sep 9, 2024 and is issued by State Street.