SPDR S&P Software & Services ETF $XSW Shares Sold by Performa Ltd US LLC

Performa Ltd US LLC trimmed its position in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW) by 18.5% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,000 shares of the company’s stock after selling 5,000 shares during the period. SPDR S&P Software & Services ETF makes up about 0.6% of Performa Ltd US LLC’s holdings, making the stock its 15th largest holding. Performa Ltd US LLC’s holdings in SPDR S&P Software & Services ETF were worth $3,780,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Royal Bank of Canada raised its holdings in shares of SPDR S&P Software & Services ETF by 300.9% in the 1st quarter. Royal Bank of Canada now owns 24,558 shares of the company’s stock valued at $3,495,000 after buying an additional 18,433 shares during the period. Compass Financial Management LLC purchased a new position in SPDR S&P Software & Services ETF during the 2nd quarter valued at about $591,000. Lowe Brockenbrough & Co. Inc. purchased a new position in SPDR S&P Software & Services ETF during the 1st quarter valued at about $590,000. Hsbc Holdings PLC acquired a new position in SPDR S&P Software & Services ETF in the 1st quarter valued at about $842,000. Finally, JPMorgan Chase & Co. grew its position in SPDR S&P Software & Services ETF by 4.7% in the 4th quarter. JPMorgan Chase & Co. now owns 18,628 shares of the company’s stock valued at $3,486,000 after acquiring an additional 829 shares in the last quarter.

SPDR S&P Software & Services ETF Stock Down 2.5%

Shares of XSW opened at $197.88 on Wednesday. The company has a market cap of $488.76 million, a P/E ratio of 30.29 and a beta of 1.17. SPDR S&P Software & Services ETF has a fifty-two week low of $135.19 and a fifty-two week high of $211.34. The firm’s 50 day moving average price is $189.48 and its 200 day moving average price is $167.82.

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.