Performa Ltd US LLC reduced its stake in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW – Free Report) by 43.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 12,500 shares of the company’s stock after selling 9,500 shares during the quarter. SPDR S&P Software & Services ETF comprises approximately 0.4% of Performa Ltd US LLC’s holdings, making the stock its 14th biggest position. Performa Ltd US LLC’s holdings in SPDR S&P Software & Services ETF were worth $2,432,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. McGuire Investment Group LLC acquired a new position in shares of SPDR S&P Software & Services ETF in the 3rd quarter valued at about $13,087,000. Fifth Third Securities Inc. purchased a new stake in shares of SPDR S&P Software & Services ETF in the third quarter worth about $5,480,000. Royal Bank of Canada grew its holdings in SPDR S&P Software & Services ETF by 300.9% during the first quarter. Royal Bank of Canada now owns 24,558 shares of the company’s stock worth $3,495,000 after acquiring an additional 18,433 shares during the period. Congress Asset Management Co. acquired a new stake in SPDR S&P Software & Services ETF during the third quarter worth about $3,910,000. Finally, Essex LLC acquired a new stake in SPDR S&P Software & Services ETF during the third quarter worth about $3,115,000.
SPDR S&P Software & Services ETF Trading Up 1.5%
Shares of XSW stock opened at $208.41 on Thursday. The stock has a 50 day moving average of $203.16 and a 200 day moving average of $175.26. The stock has a market cap of $510.60 million, a P/E ratio of 30.29 and a beta of 1.18. SPDR S&P Software & Services ETF has a twelve month low of $135.19 and a twelve month high of $217.49.
SPDR S&P Software & Services ETF Company 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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