Raymond James & Associates Has $3.21 Million Stake in SPDR S&P Software & Services ETF (NYSEARCA:XSW)

Raymond James & Associates boosted its holdings in SPDR S&P Software & Services ETF (NYSEARCA:XSW) by 1.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,240 shares of the company’s stock after purchasing an additional 213 shares during the quarter. Raymond James & Associates owned 0.86% of SPDR S&P Software & Services ETF worth $3,210,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. EdgeRock Capital LLC acquired a new position in shares of SPDR S&P Software & Services ETF in the 4th quarter valued at approximately $92,000. Tidemark LLC acquired a new position in shares of SPDR S&P Software & Services ETF in the 4th quarter valued at approximately $97,000. Able Wealth Management LLC acquired a new position in shares of SPDR S&P Software & Services ETF in the 4th quarter valued at approximately $108,000. Centaurus Financial Inc. acquired a new position in shares of SPDR S&P Software & Services ETF in the 4th quarter valued at approximately $147,000. Finally, Belpointe Asset Management LLC acquired a new position in shares of SPDR S&P Software & Services ETF in the 4th quarter valued at approximately $204,000.

SPDR S&P Software & Services ETF Trading Up 0.1 %

Shares of NYSEARCA:XSW opened at $157.23 on Friday. The firm has a 50 day moving average of $152.28 and a 200-day moving average of $150.85. The stock has a market capitalization of $388.36 million, a PE ratio of 26.51 and a beta of 1.47. SPDR S&P Software & Services ETF has a 12 month low of $117.11 and a 12 month high of $159.72.

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.