Western Wealth Management LLC Makes New Investment in SPDR S&P Software & Services ETF (NYSEARCA:XSW)

Western Wealth Management LLC acquired a new stake in SPDR S&P Software & Services ETF (NYSEARCA:XSW) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,386 shares of the company’s stock, valued at approximately $208,000. Western Wealth Management LLC owned 0.06% of SPDR S&P Software & Services ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC raised its position in shares of SPDR S&P Software & Services ETF by 6.3% in the 3rd quarter. LPL Financial LLC now owns 81,453 shares of the company’s stock worth $10,335,000 after acquiring an additional 4,839 shares in the last quarter. McGuire Investment Group LLC raised its position in shares of SPDR S&P Software & Services ETF by 4.1% in the 4th quarter. McGuire Investment Group LLC now owns 56,382 shares of the company’s stock worth $8,476,000 after acquiring an additional 2,238 shares in the last quarter. UBS Group AG raised its position in shares of SPDR S&P Software & Services ETF by 61.7% in the 3rd quarter. UBS Group AG now owns 39,597 shares of the company’s stock worth $5,024,000 after acquiring an additional 15,112 shares in the last quarter. Raymond James & Associates raised its position in shares of SPDR S&P Software & Services ETF by 141.3% in the 4th quarter. Raymond James & Associates now owns 20,000 shares of the company’s stock worth $3,007,000 after acquiring an additional 11,713 shares in the last quarter. Finally, Stifel Financial Corp raised its position in shares of SPDR S&P Software & Services ETF by 12.9% in the 3rd quarter. Stifel Financial Corp now owns 18,511 shares of the company’s stock worth $2,349,000 after acquiring an additional 2,109 shares in the last quarter.

SPDR S&P Software & Services ETF Price Performance

Shares of XSW opened at $145.01 on Tuesday. The stock has a 50-day moving average of $151.64 and a 200-day moving average of $143.30. The company has a market cap of $362.53 million, a PE ratio of 26.51 and a beta of 1.45. SPDR S&P Software & Services ETF has a one year low of $112.54 and a one year high of $157.62.

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.