SPDR S&P Software & Services ETF (NYSEARCA:XSW – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $208.05 and last traded at $208.05, with a volume of 7329 shares trading hands. The stock had previously closed at $199.87.
SPDR S&P Software & Services ETF Trading Down 0.5%
The firm’s 50 day simple moving average is $184.00 and its 200 day simple moving average is $165.20. The firm has a market cap of $516.72 million, a PE ratio of 30.29 and a beta of 1.16.
Hedge Funds Weigh In On SPDR S&P Software & Services ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Compass Financial Management LLC purchased a new position in SPDR S&P Software & Services ETF during the 2nd quarter valued at approximately $591,000. Vertex Investment Solutions Co. Ltd. purchased a new stake in shares of SPDR S&P Software & Services ETF during the 2nd quarter worth approximately $308,000. Warner Financial Inc. bought a new position in shares of SPDR S&P Software & Services ETF during the 2nd quarter valued at approximately $330,000. Arkadios Wealth Advisors boosted its position in shares of SPDR S&P Software & Services ETF by 7.0% during the 1st quarter. Arkadios Wealth Advisors now owns 1,534 shares of the company’s stock valued at $218,000 after acquiring an additional 100 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in shares of SPDR S&P Software & Services ETF by 300.9% in the first quarter. Royal Bank of Canada now owns 24,558 shares of the company’s stock valued at $3,495,000 after purchasing an additional 18,433 shares in the last quarter.
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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