Strategic Financial Concepts LLC Purchases New Position in SPDR S&P Software & Services ETF (NYSEARCA:XSW)

Strategic Financial Concepts LLC acquired a new position in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSWFree 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

(Free Report)

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.

See Also

Want to see what other hedge funds are holding XSW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Software & Services ETF (NYSEARCA:XSWFree Report).

Institutional Ownership by Quarter for SPDR S&P Software & Services ETF (NYSEARCA:XSW)

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