SPDR S&P Software & Services ETF $XSW Shares Sold by Performa Ltd US LLC

Performa Ltd US LLC lowered its stake in SPDR S&P Software & Services ETF (NYSEARCA:XSW) by 18.5% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 22,000 shares of the company’s stock after selling 5,000 shares during the quarter. SPDR S&P Software & Services ETF accounts for about 0.6% of Performa Ltd US LLC’s portfolio, making the stock its 15th biggest holding. Performa Ltd US LLC owned 0.89% of SPDR S&P Software & Services ETF worth $3,780,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Two Sigma Investments LP purchased a new position in SPDR S&P Software & Services ETF in the 3rd quarter valued at about $5,735,000. 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 worth $3,495,000 after buying an additional 18,433 shares in the last quarter. LPL Financial LLC raised its holdings in shares of SPDR S&P Software & Services ETF by 18.4% during the fourth quarter. LPL Financial LLC now owns 118,013 shares of the company’s stock valued at $22,085,000 after acquiring an additional 18,349 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of SPDR S&P Software & Services ETF by 1.6% during the third quarter. Bank of America Corp DE now owns 392,478 shares of the company’s stock valued at $77,616,000 after acquiring an additional 6,093 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of SPDR S&P Software & Services ETF by 22.3% in the second quarter. Raymond James Financial Inc. now owns 32,833 shares of the company’s stock valued at $6,232,000 after acquiring an additional 5,995 shares in the last quarter.

SPDR S&P Software & Services ETF Stock Performance

Shares of XSW stock opened at $197.88 on Wednesday. The stock’s fifty day moving average is $189.48 and its two-hundred day moving average is $167.82. The firm has a market capitalization of $488.76 million, a P/E ratio of 30.29 and a beta of 1.17. SPDR S&P Software & Services ETF has a fifty-two week low of $135.19 and a fifty-two 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.