2,153 Shares in SPDR S&P Software & Services ETF (NYSEARCA:XSW) Bought by RMR Wealth Builders

RMR Wealth Builders acquired a new position in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,153 shares of the company’s stock, valued at approximately $344,000.

Other institutional investors have also modified their holdings of the company. Strategic Financial Concepts LLC purchased a new position in shares of SPDR S&P Software & Services ETF in the fourth quarter valued at approximately $3,571,000. JNBA Financial Advisors acquired a new position in SPDR S&P Software & Services ETF in the 4th quarter valued at $38,000. Retirement Income Solutions Inc raised its stake in SPDR S&P Software & Services ETF by 9.1% in the 4th quarter. Retirement Income Solutions Inc now owns 1,859 shares of the company’s stock valued at $351,000 after purchasing an additional 155 shares during the last quarter. Sherman Asset Management Inc. purchased a new position in SPDR S&P Software & Services ETF in the 4th quarter valued at $168,000. Finally, Jones Financial Companies Lllp boosted its stake in SPDR S&P Software & Services ETF by 564.0% during the 4th quarter. Jones Financial Companies Lllp now owns 1,660 shares of the company’s stock worth $314,000 after purchasing an additional 1,410 shares during the last quarter.

SPDR S&P Software & Services ETF Stock Down 2.5%

SPDR S&P Software & Services ETF stock opened at $179.28 on Friday. The company has a fifty day simple moving average of $170.22 and a 200-day simple moving average of $179.67. The firm has a market capitalization of $509.16 million, a price-to-earnings ratio of 28.16 and a beta of 1.18. SPDR S&P Software & Services ETF has a 52-week low of $136.84 and a 52-week 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.