SPDR S&P Software & Services ETF (NYSEARCA:XSW) Position Lifted by Bank of America Corp DE

Bank of America Corp DE raised its stake in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW) by 3.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 433,666 shares of the company’s stock after acquiring an additional 13,903 shares during the quarter. Bank of America Corp DE owned approximately 17.56% of SPDR S&P Software & Services ETF worth $81,946,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in XSW. LPL Financial LLC raised its holdings in shares of SPDR S&P Software & Services ETF by 2.7% during the fourth quarter. LPL Financial LLC now owns 133,148 shares of the company’s stock worth $25,160,000 after purchasing an additional 3,545 shares during the period. Kingsview Wealth Management LLC acquired a new stake in shares of SPDR S&P Software & Services ETF during the fourth quarter worth $11,358,000. Wells Fargo & Company MN raised its holdings in shares of SPDR S&P Software & Services ETF by 130.5% during the fourth quarter. Wells Fargo & Company MN now owns 27,082 shares of the company’s stock worth $5,117,000 after purchasing an additional 15,335 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of SPDR S&P Software & Services ETF during the fourth quarter worth $5,022,000. Finally, Stifel Financial Corp raised its holdings in shares of SPDR S&P Software & Services ETF by 6.3% during the fourth quarter. Stifel Financial Corp now owns 24,459 shares of the company’s stock worth $4,622,000 after purchasing an additional 1,459 shares during the period.

SPDR S&P Software & Services ETF Stock Performance

Shares of NYSEARCA:XSW opened at $173.13 on Monday. The stock has a market capitalization of $483.03 million, a price-to-earnings ratio of 24.32 and a beta of 1.20. SPDR S&P Software & Services ETF has a 1-year low of $136.84 and a 1-year high of $206.00. The company’s fifty day moving average is $161.00 and its two-hundred day moving average is $179.43.

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.