SPDR S&P Software & Services ETF (NYSEARCA:XSW) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered its stake in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW) by 43.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,904 shares of the company’s stock after selling 17,670 shares during the quarter. JPMorgan Chase & Co. owned about 0.93% of SPDR S&P Software & Services ETF worth $4,328,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of XSW. LPL Financial LLC grew its holdings in SPDR S&P Software & Services ETF by 2.7% in the fourth quarter. LPL Financial LLC now owns 133,148 shares of the company’s stock valued at $25,160,000 after purchasing an additional 3,545 shares during the period. Kingsview Wealth Management LLC acquired a new position in shares of SPDR S&P Software & Services ETF in the 4th quarter valued at $11,358,000. Raymond James Financial Inc. purchased a new stake in shares of SPDR S&P Software & Services ETF during the 4th quarter valued at $5,022,000. Strategic Financial Concepts LLC acquired a new stake in shares of SPDR S&P Software & Services ETF during the 4th quarter worth $3,571,000. Finally, Dale Q Rice Investment Management Ltd purchased a new position in shares of SPDR S&P Software & Services ETF in the 4th quarter worth $1,652,000.

SPDR S&P Software & Services ETF Trading Down 0.0 %

Shares of SPDR S&P Software & Services ETF stock opened at $150.40 on Friday. The stock has a market capitalization of $431.65 million, a P/E ratio of 28.56 and a beta of 1.20. The business’s fifty day moving average price is $167.71 and its 200 day moving average price is $179.35. SPDR S&P Software & Services ETF has a twelve month low of $136.84 and a twelve month high of $206.00.

SPDR S&P Software & Services ETF 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.