Beacon Financial Advisory LLC Purchases 486 Shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW)

Beacon Financial Advisory LLC raised its stake in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSWFree Report) by 23.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,567 shares of the company’s stock after purchasing an additional 486 shares during the quarter. Beacon Financial Advisory LLC owned about 0.11% of SPDR S&P Software & Services ETF worth $386,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of XSW. Tower Research Capital LLC TRC boosted its holdings in SPDR S&P Software & Services ETF by 4,100.0% during the second quarter. Tower Research Capital LLC TRC now owns 210 shares of the company’s stock worth $28,000 after buying an additional 205 shares in the last quarter. Comerica Bank purchased a new stake in SPDR S&P Software & Services ETF during the third quarter worth $35,000. PNC Financial Services Group Inc. boosted its holdings in SPDR S&P Software & Services ETF by 40.8% during the first quarter. PNC Financial Services Group Inc. now owns 445 shares of the company’s stock worth $66,000 after buying an additional 129 shares in the last quarter. Ramirez Asset Management Inc. purchased a new stake in SPDR S&P Software & Services ETF during the third quarter worth $127,000. Finally, Simplex Trading LLC purchased a new stake in SPDR S&P Software & Services ETF during the third quarter worth $182,000.

SPDR S&P Software & Services ETF Stock Down 1.6 %

XSW opened at $151.02 on Wednesday. The company has a market cap of $353.39 million, a price-to-earnings ratio of 22.03 and a beta of 1.13. SPDR S&P Software & Services ETF has a 52-week low of $112.54 and a 52-week high of $157.62. The firm’s fifty day simple moving average is $152.57 and its two-hundred day simple moving average is $141.20.

SPDR S&P Software & Services ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for SPDR S&P Software & Services ETF (NYSEARCA:XSW)

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