Quantum Private Wealth LLC Decreases Stock Position in SPDR S&P Software & Services ETF (NYSEARCA:XSW)

Quantum Private Wealth LLC cut its holdings in SPDR S&P Software & Services ETF (NYSEARCA:XSW) by 3.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,177 shares of the company’s stock after selling 100 shares during the quarter. Quantum Private Wealth LLC’s holdings in SPDR S&P Software & Services ETF were worth $478,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of XSW. Tower Research Capital LLC TRC raised its stake in shares of SPDR S&P Software & Services ETF by 4,100.0% in the second quarter. Tower Research Capital LLC TRC now owns 210 shares of the company’s stock worth $28,000 after purchasing an additional 205 shares during the last quarter. Comerica Bank acquired a new stake in SPDR S&P Software & Services ETF during the third quarter worth about $35,000. PNC Financial Services Group Inc. grew 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 acquiring an additional 129 shares during the period. Ramirez Asset Management Inc. acquired a new stake in SPDR S&P Software & Services ETF during the third quarter worth about $127,000. Finally, Simplex Trading LLC acquired a new stake in SPDR S&P Software & Services ETF during the third quarter worth about $182,000.

SPDR S&P Software & Services ETF Stock Performance

SPDR S&P Software & Services ETF stock traded up $0.12 during midday trading on Wednesday, hitting $143.59. 1,625 shares of the company were exchanged, compared to its average volume of 14,713. The firm has a market capitalization of $358.98 million, a PE ratio of 26.51 and a beta of 1.45. 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 business has a fifty day simple moving average of $152.51 and a two-hundred day simple moving average of $142.79.

SPDR S&P Software & Services ETF 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.