Amica Mutual Insurance Co. Takes $2.30 Million Position in SPDR S&P Software & Services ETF (NYSEARCA:XSW)

Amica Mutual Insurance Co. purchased a new stake in SPDR S&P Software & Services ETF (NYSEARCA:XSW) in the 4th quarter, Holdings Channel reports. The fund purchased 15,311 shares of the company’s stock, valued at approximately $2,302,000.

Several other hedge funds have also modified their holdings of XSW. Merit Financial Group LLC raised its holdings in SPDR S&P Software & Services ETF by 1.2% during the third quarter. Merit Financial Group LLC now owns 9,720 shares of the company’s stock worth $1,233,000 after purchasing an additional 115 shares during the last quarter. Powell Investment Advisors LLC acquired a new position in SPDR S&P Software & Services ETF during the fourth quarter worth $50,000. Citigroup Inc. raised its holdings in SPDR S&P Software & Services ETF by 14.5% during the third quarter. Citigroup Inc. now owns 2,767 shares of the company’s stock worth $351,000 after purchasing an additional 350 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in SPDR S&P Software & Services ETF by 10.8% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 4,710 shares of the company’s stock worth $598,000 after purchasing an additional 460 shares during the last quarter. Finally, Beacon Financial Advisory LLC raised its holdings in shares of SPDR S&P Software & Services ETF by 23.4% in the fourth quarter. Beacon Financial Advisory LLC now owns 2,567 shares of the company’s stock worth $386,000 after acquiring an additional 486 shares during the last quarter.

SPDR S&P Software & Services ETF Trading Down 0.1 %

Shares of NYSEARCA XSW traded down $0.13 during trading on Monday, reaching $148.41. The company had a trading volume of 11,414 shares, compared to its average volume of 15,014. SPDR S&P Software & Services ETF has a twelve month low of $112.54 and a twelve month high of $157.62. The stock has a market capitalization of $371.01 million, a PE ratio of 26.51 and a beta of 1.45. The stock has a 50-day moving average price of $151.01 and a two-hundred day moving average price of $144.04.

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.