SPDR S&P Software & Services ETF (NYSEARCA:XSW – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as $211.37 and last traded at $210.8370, with a volume of 85,827 shares traded. The stock had previously closed at $206.82.
SPDR S&P Software & Services ETF Stock Up 1.9%
The stock has a market capitalization of $499.68 million, a price-to-earnings ratio of 30.29 and a beta of 1.19. The stock’s 50-day simple moving average is $200.55 and its 200 day simple moving average is $178.49.
Institutional Investors Weigh In On SPDR S&P Software & Services ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in XSW. TD Waterhouse Canada Inc. acquired a new stake in shares of SPDR S&P Software & Services ETF in the third quarter valued at approximately $50,000. Fifth Third Bancorp acquired a new position in SPDR S&P Software & Services ETF in the first quarter valued at approximately $53,000. Arkadios Wealth Advisors boosted its stake in SPDR S&P Software & Services ETF by 7.0% in the first quarter. Arkadios Wealth Advisors now owns 1,534 shares of the company’s stock valued at $218,000 after acquiring an additional 100 shares during the last quarter. Integrated Advisors Network LLC acquired a new stake in SPDR S&P Software & Services ETF during the 3rd quarter worth $302,000. Finally, Beacon Financial Advisory LLC boosted its position in shares of SPDR S&P Software & Services ETF by 6.6% in the 1st quarter. Beacon Financial Advisory LLC now owns 2,156 shares of the company’s stock worth $307,000 after purchasing an additional 133 shares during the last quarter.
About SPDR S&P Software & Services ETF
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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