Tidemark LLC Invests $97,000 in SPDR S&P Software & Services ETF (NYSEARCA:XSW)

Tidemark LLC purchased a new stake in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 643 shares of the company’s stock, valued at approximately $97,000.

A number of other institutional investors and hedge funds have also made changes to their positions in XSW. Powell Investment Advisors LLC acquired a new stake in shares of SPDR S&P Software & Services ETF in the 4th quarter valued at about $50,000. EdgeRock Capital LLC acquired a new position in SPDR S&P Software & Services ETF in the fourth quarter valued at $92,000. Ramirez Asset Management Inc. acquired a new position in shares of SPDR S&P Software & Services ETF during the third quarter worth about $127,000. Simplex Trading LLC acquired a new position in shares of SPDR S&P Software & Services ETF in the third quarter worth about $182,000. Finally, Western Wealth Management LLC acquired a new stake in SPDR S&P Software & Services ETF during the fourth quarter valued at approximately $208,000.

SPDR S&P Software & Services ETF Stock Down 0.3 %

Shares of NYSEARCA:XSW traded down $0.51 during trading on Thursday, hitting $152.18. 1,352 shares of the company traded hands, compared to its average volume of 13,589. SPDR S&P Software & Services ETF has a one year low of $117.11 and a one year high of $157.62. The stock has a market capitalization of $375.88 million, a price-to-earnings ratio of 26.51 and a beta of 1.47. The business’s fifty day moving average is $150.29 and its 200-day moving average is $147.30.

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.