Strategic Financial Concepts LLC Acquires Shares of 18,896 SPDR S&P Software & Services ETF (NYSEARCA:XSW)

Strategic Financial Concepts LLC bought a new position in SPDR S&P Software & Services ETF (NYSEARCA:XSW) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 18,896 shares of the company’s stock, valued at approximately $3,571,000. Strategic Financial Concepts LLC owned approximately 0.77% of SPDR S&P Software & Services ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of XSW. ORG Partners LLC bought a new position in SPDR S&P Software & Services ETF in the 3rd quarter worth about $27,000. Farther Finance Advisors LLC boosted its position in shares of SPDR S&P Software & Services ETF by 64.1% in the third quarter. Farther Finance Advisors LLC now owns 325 shares of the company’s stock valued at $52,000 after acquiring an additional 127 shares during the period. Foundations Investment Advisors LLC purchased a new position in SPDR S&P Software & Services ETF during the fourth quarter valued at approximately $700,000. Jane Street Group LLC bought a new stake in SPDR S&P Software & Services ETF during the 3rd quarter worth approximately $805,000. Finally, J. W. Coons Advisors LLC lifted its stake in SPDR S&P Software & Services ETF by 1.4% in the 3rd quarter. J. W. Coons Advisors LLC now owns 6,715 shares of the company’s stock worth $1,079,000 after purchasing an additional 90 shares in the last quarter.

SPDR S&P Software & Services ETF Price Performance

XSW opened at $195.26 on Monday. The firm has a market capitalization of $482.29 million, a P/E ratio of 26.51 and a beta of 1.47. SPDR S&P Software & Services ETF has a one year low of $136.84 and a one year high of $206.00. The company has a fifty day moving average price of $193.99 and a 200-day moving average price of $174.10.

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.