1,386 Shares in SPDR S&P Software & Services ETF (NYSEARCA:XSW) Purchased by Western Wealth Management LLC

Western Wealth Management LLC purchased a new position in SPDR S&P Software & Services ETF (NYSEARCA:XSW) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,386 shares of the company’s stock, valued at approximately $208,000.

Other institutional investors also recently bought and sold shares of the company. Ramirez Asset Management Inc. bought a new position in shares of SPDR S&P Software & Services ETF during the third quarter valued at approximately $127,000. Simplex Trading LLC bought a new position in shares of SPDR S&P Software & Services ETF during the third quarter valued at approximately $182,000. Caerus Investment Advisors LLC bought a new position in shares of SPDR S&P Software & Services ETF during the fourth quarter valued at approximately $314,000. Money Concepts Capital Corp bought a new position in shares of SPDR S&P Software & Services ETF during the third quarter valued at approximately $336,000. Finally, Citigroup Inc. increased its stake in shares of 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 valued at $351,000 after purchasing an additional 350 shares in the last quarter.

SPDR S&P Software & Services ETF Stock Performance

Shares of NYSEARCA XSW opened at $145.01 on Tuesday. SPDR S&P Software & Services ETF has a fifty-two week low of $112.54 and a fifty-two week high of $157.62. The company has a 50 day simple moving average of $151.64 and a two-hundred day simple moving average of $143.30. The company has a market capitalization of $362.53 million, a price-to-earnings ratio of 26.51 and a beta of 1.45.

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.