3,704 Shares in SPDR S&P Software & Services ETF (NYSEARCA:XSW) Purchased by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC bought a new stake in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,704 shares of the company’s stock, valued at approximately $700,000. Foundations Investment Advisors LLC owned about 0.15% of SPDR S&P Software & Services ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. ORG Partners LLC acquired a new position in SPDR S&P Software & Services ETF in the 3rd quarter valued at $27,000. Farther Finance Advisors LLC raised its position in shares of SPDR S&P Software & Services ETF by 64.1% in the third quarter. Farther Finance Advisors LLC now owns 325 shares of the company’s stock valued at $52,000 after buying an additional 127 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in shares of SPDR S&P Software & Services ETF in the second quarter worth about $235,000. Jane Street Group LLC purchased a new stake in SPDR S&P Software & Services ETF during the 3rd quarter valued at about $805,000. Finally, J. W. Coons Advisors LLC raised its holdings in SPDR S&P Software & Services ETF by 1.4% in the 3rd quarter. J. W. Coons Advisors LLC now owns 6,715 shares of the company’s stock valued at $1,079,000 after acquiring an additional 90 shares during the last quarter.

SPDR S&P Software & Services ETF Price Performance

XSW opened at $193.92 on Thursday. The company’s 50 day simple moving average is $193.63 and its two-hundred day simple moving average is $172.04. The firm has a market capitalization of $478.98 million, a price-to-earnings ratio of 26.51 and a beta of 1.47. SPDR S&P Software & Services ETF has a 1-year low of $136.84 and a 1-year 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.