Strategic Financial Concepts LLC acquired a new position in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 18,896 shares of the company’s stock, valued at approximately $3,571,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. ORG Partners LLC purchased a new position in shares of SPDR S&P Software & Services ETF during the 3rd quarter worth about $27,000. Farther Finance Advisors LLC lifted its stake in SPDR S&P Software & Services ETF by 64.1% in the third quarter. Farther Finance Advisors LLC now owns 325 shares of the company’s stock worth $52,000 after purchasing an additional 127 shares during the last quarter. Foundations Investment Advisors LLC bought a new stake in SPDR S&P Software & Services ETF in the fourth quarter worth about $700,000. Jane Street Group LLC purchased a new position in shares of SPDR S&P Software & Services ETF during the third quarter valued at approximately $805,000. Finally, J. W. Coons Advisors LLC grew its stake in shares of SPDR S&P Software & Services ETF by 1.4% during the third quarter. J. W. Coons Advisors LLC now owns 6,715 shares of the company’s stock valued at $1,079,000 after buying an additional 90 shares during the last quarter.
SPDR S&P Software & Services ETF Stock Performance
Shares of XSW stock opened at $195.26 on Monday. The stock has a 50 day moving average price of $193.99 and a 200 day moving average price of $174.10. SPDR S&P Software & Services ETF has a 52-week low of $136.84 and a 52-week high of $206.00. The firm has a market capitalization of $482.29 million, a P/E ratio of 26.51 and a beta of 1.47.
SPDR S&P Software & Services ETF Profile
The SPDR S&P Software & Services ETF (XSW) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index of software & services companies, as defined by GICS. XSW was launched on Sep 28, 2011 and is managed by State Street.
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