Royal Bank of Canada grew its position in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW – Free Report) by 300.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,558 shares of the company’s stock after purchasing an additional 18,433 shares during the period. Royal Bank of Canada owned approximately 1.02% of SPDR S&P Software & Services ETF worth $3,495,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in XSW. Triumph Capital Management bought a new stake in SPDR S&P Software & Services ETF during the third quarter valued at $34,000. Fifth Third Bancorp purchased a new position in SPDR S&P Software & Services ETF during the first quarter worth about $53,000. Advisory Services Network LLC purchased a new position in SPDR S&P Software & Services ETF during the third quarter worth about $141,000. Summit Financial LLC bought a new position in SPDR S&P Software & Services ETF in the 4th quarter worth about $200,000. Finally, Pincus Capital Management LP bought a new position in SPDR S&P Software & Services ETF in the 4th quarter worth about $215,000.
SPDR S&P Software & Services ETF Stock Down 1.9%
NYSEARCA:XSW opened at $200.35 on Friday. The stock has a market cap of $494.86 million, a P/E ratio of 30.29 and a beta of 1.16. The business’s 50-day moving average price is $176.72 and its two-hundred day moving average price is $162.69. SPDR S&P Software & Services ETF has a twelve month low of $135.19 and a twelve month high of $205.76.
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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