Sherman Asset Management Inc. acquired a new position in SPDR S&P Software & Services ETF (NYSEARCA:XSW – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 888 shares of the company’s stock, valued at approximately $168,000.
A number of other large investors also recently bought and sold shares of the business. Retirement Income Solutions Inc raised its stake in SPDR S&P Software & Services ETF by 9.1% in the fourth quarter. Retirement Income Solutions Inc now owns 1,859 shares of the company’s stock worth $351,000 after buying an additional 155 shares in the last quarter. JNBA Financial Advisors bought a new position in SPDR S&P Software & Services ETF in the fourth quarter worth approximately $38,000. Strategic Financial Concepts LLC bought a new position in SPDR S&P Software & Services ETF in the fourth quarter worth approximately $3,571,000. Kingsview Wealth Management LLC bought a new position in SPDR S&P Software & Services ETF in the fourth quarter worth approximately $11,358,000. Finally, Tandem Financial LLC bought a new position in SPDR S&P Software & Services ETF in the fourth quarter worth approximately $1,003,000.
SPDR S&P Software & Services ETF Trading Up 0.3 %
Shares of XSW stock opened at $176.15 on Friday. The business’s fifty day simple moving average is $190.98 and its 200-day simple moving average is $178.13. The company has a market cap of $531.97 million, a PE ratio of 33.51 and a beta of 1.16. SPDR S&P Software & Services ETF has a 12-month low of $136.84 and a 12-month high of $206.00.
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.
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