SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX – Get Free Report) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 1,041 shares, a growth of 558.9% from the July 15th total of 158 shares. Based on an average daily volume of 4,039 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the shares of the stock are short sold.
Hedge Funds Weigh In On SPDR Galaxy Transformative Tech Accelerators ETF
A hedge fund recently bought a new position 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 – Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,426 shares of the company’s stock, valued at approximately $249,000. Jane Street Group LLC owned about 19.04% of SPDR Galaxy Transformative Tech Accelerators ETF at the end of the most recent reporting period.
SPDR Galaxy Transformative Tech Accelerators ETF Price Performance
TEKX traded up $1.56 during trading on Wednesday, hitting $65.39. 1,804 shares of the stock traded hands, compared to its average volume of 3,793. SPDR Galaxy Transformative Tech Accelerators ETF has a twelve month low of $31.92 and a twelve month high of $77.28. The company has a market cap of $16.35 million, a price-to-earnings ratio of 26.41 and a beta of 3.16. The business has a 50 day moving average price of $66.98 and a 200 day moving average price of $55.44.
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.
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