27,000 Shares in SPDR S&P Software & Services ETF $XSW Bought by Performa Ltd US LLC

Performa Ltd US LLC acquired a new position in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW) in the first quarter, Holdings Channel.com reports. The firm acquired 27,000 shares of the company’s stock, valued at approximately $3,842,000. SPDR S&P Software & Services ETF comprises 0.9% of Performa Ltd US LLC’s investment portfolio, making the stock its 13th largest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Two Sigma Investments LP purchased a new stake in shares of SPDR S&P Software & Services ETF during the third quarter worth about $5,735,000. High Point Wealth Management LLC acquired a new stake in SPDR S&P Software & Services ETF in the 4th quarter worth about $3,858,000. LPL Financial LLC increased its stake in SPDR S&P Software & Services ETF by 18.4% during the 4th quarter. LPL Financial LLC now owns 118,013 shares of the company’s stock worth $22,085,000 after buying an additional 18,349 shares in the last quarter. Fifth Third Securities Inc. increased its stake in SPDR S&P Software & Services ETF by 40.2% during the 4th quarter. Fifth Third Securities Inc. now owns 23,188 shares of the company’s stock worth $4,340,000 after buying an additional 6,647 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in SPDR S&P Software & Services ETF by 1.6% during the 3rd quarter. Bank of America Corp DE now owns 392,478 shares of the company’s stock worth $77,616,000 after buying an additional 6,093 shares in the last quarter.

SPDR S&P Software & Services ETF Price Performance

Shares of SPDR S&P Software & Services ETF stock opened at $177.45 on Friday. The business has a 50 day simple moving average of $168.83 and a two-hundred day simple moving average of $162.63. SPDR S&P Software & Services ETF has a 12 month low of $135.19 and a 12 month high of $205.76. The stock has a market capitalization of $436.53 million, a P/E ratio of 30.29 and a beta of 1.16.

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.