Migdal Insurance & Financial Holdings Ltd., a registered investment adviser, initiated a new position in Technology Select Sector SPDR Fund (AMEX:XLK) during Q4 2025, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 5,053,446 shares of the Financial Services company, valued at approximately $727.5M as of the filing date.
Technology Select Sector SPDR Fund's stock currently trades at $149.34 with a market capitalization of $80.5B.