SPDR S&P Software & Services ETF $XSW Shares Bought by Raymond James Financial Inc.

Raymond James Financial Inc. grew its holdings in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW) by 1.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,838 shares of the company’s stock after purchasing an additional 263 shares during the quarter. Raymond James Financial Inc. owned approximately 1.00% of SPDR S&P Software & Services ETF worth $4,290,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Ground Swell Capital LLC acquired a new position in shares of SPDR S&P Software & Services ETF during the 1st quarter valued at about $338,000. Baker Avenue Asset Management LP acquired a new position in shares of SPDR S&P Software & Services ETF during the 1st quarter valued at about $3,005,000. Arkadios Wealth Advisors boosted its position in shares of SPDR S&P Software & Services ETF by 17.2% during the 1st quarter. Arkadios Wealth Advisors now owns 1,590 shares of the company’s stock valued at $254,000 after acquiring an additional 233 shares during the last quarter. LPL Financial LLC boosted its position in shares of SPDR S&P Software & Services ETF by 7.2% during the 1st quarter. LPL Financial LLC now owns 142,719 shares of the company’s stock valued at $22,815,000 after acquiring an additional 9,571 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of SPDR S&P Software & Services ETF by 69.8% during the 1st quarter. Cetera Investment Advisers now owns 2,158 shares of the company’s stock valued at $345,000 after acquiring an additional 887 shares during the last quarter.

SPDR S&P Software & Services ETF Price Performance

NYSEARCA XSW opened at $190.92 on Friday. The firm’s 50-day moving average is $188.31 and its two-hundred day moving average is $176.87. SPDR S&P Software & Services ETF has a 12 month low of $137.55 and a 12 month high of $206.00. The stock has a market capitalization of $498.30 million, a P/E ratio of 30.29 and a beta of 1.13.

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.