What State Street Tech Select SPDR (XLK) Bought: Okta Leads on Nov. 3

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This article first appeared on GuruFocus. State Street Technology Select Sector SPDR ETF (XLK) reported $352.2 million in gross ETF activity on Tuesday, with net selling of $42.2 million across its portfolio. XLK increased just 1 position and decreased 75, as the $117.06 billion fund trimmed across nearly its entire lineup. The largest single move was a new $155.0 million stake in Okta. Warning! GuruFocus has detected 5 Warning Signs with NSE:CLEANMAX. Is XLK fairly valued? Test your thesis with our free DCF calculator. More on GuruFocus: ETF Trends | ETF Screener What did XLK buy on Tuesday? Its largest buys by dollar value were OKTA ($155.0 million). Stock Shares changed Value Position OKTA INC (OKTA) +817,300 $155.