Telemus Capital LLC Acquires 687 Shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW)

Telemus Capital LLC lifted its holdings in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW) by 29.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,024 shares of the company’s stock after purchasing an additional 687 shares during the period. Telemus Capital LLC’s holdings in SPDR S&P Software & Services ETF were worth $455,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC grew its stake in SPDR S&P Software & Services ETF by 6.3% in the third quarter. LPL Financial LLC now owns 81,453 shares of the company’s stock valued at $10,335,000 after acquiring an additional 4,839 shares during the period. McGuire Investment Group LLC increased its position in SPDR S&P Software & Services ETF by 4.1% in the fourth quarter. McGuire Investment Group LLC now owns 56,382 shares of the company’s stock worth $8,476,000 after buying an additional 2,238 shares during the last quarter. UBS Group AG increased its position in SPDR S&P Software & Services ETF by 61.7% in the third quarter. UBS Group AG now owns 39,597 shares of the company’s stock worth $5,024,000 after buying an additional 15,112 shares during the last quarter. Raymond James & Associates increased its position in SPDR S&P Software & Services ETF by 141.3% in the fourth quarter. Raymond James & Associates now owns 20,000 shares of the company’s stock worth $3,007,000 after buying an additional 11,713 shares during the last quarter. Finally, Stifel Financial Corp increased its position in SPDR S&P Software & Services ETF by 12.9% in the third quarter. Stifel Financial Corp now owns 18,511 shares of the company’s stock worth $2,349,000 after buying an additional 2,109 shares during the last quarter.

SPDR S&P Software & Services ETF Price Performance

NYSEARCA:XSW opened at $145.01 on Tuesday. The business has a fifty day simple moving average of $151.64 and a two-hundred day simple moving average of $143.30. SPDR S&P Software & Services ETF has a 1 year low of $112.54 and a 1 year high of $157.62. The company has a market capitalization of $362.53 million, a P/E ratio of 26.51 and a beta of 1.45.

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.