SPDR S&P Software & Services ETF $XSW Stock: NTV Asset Management LLC Reduces Holdings

NTV Asset Management LLC lessened its stake in SPDR S&P Software & Services ETF (NYSEARCA:XSW) by 99.0% in the 3rd quarter, Holdings Channel reports. The firm owned 2,123 shares of the company’s stock after selling 200,984 shares during the period. NTV Asset Management LLC’s holdings in SPDR S&P Software & Services ETF were worth $413,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Canton Hathaway LLC acquired a new position in SPDR S&P Software & Services ETF during the third quarter worth $82,000. Fifth Third Securities Inc. purchased a new position in shares of SPDR S&P Software & Services ETF during the third quarter worth $5,480,000. Integrated Advisors Network LLC purchased a new position in shares of SPDR S&P Software & Services ETF during the third quarter worth $302,000. Arlington Financial Advisors LLC purchased a new position in shares of SPDR S&P Software & Services ETF during the third quarter worth $905,000. Finally, TD Waterhouse Canada Inc. acquired a new stake in shares of SPDR S&P Software & Services ETF in the third quarter valued at $50,000.

SPDR S&P Software & Services ETF Stock Performance

Shares of NYSEARCA XSW opened at $215.42 on Monday. SPDR S&P Software & Services ETF has a twelve month low of $135.19 and a twelve month high of $216.22. The stock has a fifty day simple moving average of $201.35 and a 200-day simple moving average of $179.93. The stock has a market capitalization of $493.31 million, a PE ratio of 30.29 and a beta of 1.19.

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.