Wealth Enhancement Advisory Services LLC Makes New Investment in SPDR S&P Software & Services ETF $XSW

Wealth Enhancement Advisory Services LLC acquired a new position in SPDR S&P Software & Services ETF (NYSEARCA:XSW) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 5,210 shares of the company’s stock, valued at approximately $990,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Triumph Capital Management purchased a new position in SPDR S&P Software & Services ETF in the third quarter worth $34,000. Sunbelt Securities Inc. boosted its position in SPDR S&P Software & Services ETF by 15.6% in the third quarter. Sunbelt Securities Inc. now owns 2,043 shares of the company’s stock worth $404,000 after purchasing an additional 276 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of SPDR S&P Software & Services ETF during the 3rd quarter valued at $141,000. Citadel Advisors LLC lifted its position in shares of SPDR S&P Software & Services ETF by 40.9% during the 3rd quarter. Citadel Advisors LLC now owns 6,192 shares of the company’s stock valued at $1,225,000 after buying an additional 1,798 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in shares of SPDR S&P Software & Services ETF by 1.6% during the 3rd quarter. Bank of America Corp DE now owns 392,478 shares of the company’s stock valued at $77,616,000 after buying an additional 6,093 shares during the last quarter.

SPDR S&P Software & Services ETF Price Performance

Shares of NYSEARCA XSW opened at $145.87 on Tuesday. SPDR S&P Software & Services ETF has a one year low of $137.55 and a one year high of $205.76. The business’s fifty day moving average price is $152.04 and its 200-day moving average price is $177.61. The stock has a market capitalization of $383.64 million, a PE ratio of 30.29 and a beta of 1.19.

About SPDR S&P Software & Services ETF

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.