IFP Advisors Inc Has $282,000 Stock Holdings in SPDR S&P Software & Services ETF $XSW

IFP Advisors Inc increased its position in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW) by 6.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,486 shares of the company’s stock after acquiring an additional 89 shares during the period. IFP Advisors Inc’s holdings in SPDR S&P Software & Services ETF were worth $282,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Baker Avenue Asset Management LP acquired a new position in SPDR S&P Software & Services ETF in the 1st quarter worth about $3,005,000. LPL Financial LLC grew its stake in shares of SPDR S&P Software & Services ETF by 7.2% in the 1st quarter. LPL Financial LLC now owns 142,719 shares of the company’s stock valued at $22,815,000 after buying an additional 9,571 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in SPDR S&P Software & Services ETF by 489.2% in the first quarter. Jones Financial Companies Lllp now owns 9,781 shares of the company’s stock worth $1,564,000 after buying an additional 8,121 shares during the last quarter. Kingsview Wealth Management LLC increased its holdings in SPDR S&P Software & Services ETF by 13.2% in the first quarter. Kingsview Wealth Management LLC now owns 68,040 shares of the company’s stock worth $10,877,000 after buying an additional 7,933 shares during the last quarter. Finally, Hsbc Holdings PLC bought a new position in SPDR S&P Software & Services ETF during the first quarter valued at approximately $1,112,000.

SPDR S&P Software & Services ETF Stock Down 2.3%

NYSEARCA XSW opened at $196.23 on Friday. The stock has a market capitalization of $474.88 million, a PE ratio of 30.29 and a beta of 1.13. SPDR S&P Software & Services ETF has a 12-month low of $137.55 and a 12-month high of $206.00. The company has a 50 day moving average price of $193.20 and a two-hundred day moving average price of $182.30.

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.