SPDR S&P Software & Services ETF $XSW Shares Newly Bought by Essex LLC

Essex LLC purchased a new stake in SPDR S&P Software & Services ETF (NYSEARCA:XSW) during the 3rd quarter, HoldingsChannel reports. The fund purchased 16,010 shares of the company’s stock, valued at approximately $3,115,000.

Other large investors also recently modified their holdings of the company. Performa Ltd US LLC purchased a new position in shares of SPDR S&P Software & Services ETF in the first quarter worth $3,842,000. Royal Bank of Canada increased its stake in SPDR S&P Software & Services ETF by 300.9% during the 1st quarter. Royal Bank of Canada now owns 24,558 shares of the company’s stock valued at $3,495,000 after purchasing an additional 18,433 shares in the last quarter. Congress Asset Management Co. bought a new position in SPDR S&P Software & Services ETF in the 3rd quarter valued at approximately $3,910,000. Hsbc Holdings PLC purchased a new stake in shares of SPDR S&P Software & Services ETF during the first quarter valued at $842,000. Finally, Lowe Brockenbrough & Co. Inc. purchased a new position in SPDR S&P Software & Services ETF in the 1st quarter worth about $590,000.

SPDR S&P Software & Services ETF Stock Down 2.7%

XSW traded down $5.50 during mid-day trading on Wednesday, reaching $197.92. 29,669 shares of the company traded hands, compared to its average volume of 73,233. The stock has a market capitalization of $461.15 million, a P/E ratio of 30.29 and a beta of 1.19. The company’s fifty day moving average price is $199.85 and its 200-day moving average price is $176.35. SPDR S&P Software & Services ETF has a 52-week low of $135.19 and a 52-week high of $211.34.

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.