SPDR S&P Software & Services ETF (NYSEARCA:XSW) Stock Price Down 0.2% – Here’s Why

SPDR S&P Software & Services ETF (NYSEARCA:XSW)’s stock price was down 0.2% on Thursday . The stock traded as low as $159.05 and last traded at $161.87. Approximately 37,362 shares changed hands during trading, a decline of 61% from the average daily volume of 94,961 shares. The stock had previously closed at $162.21.

SPDR S&P Software & Services ETF Trading Down 0.2%

The company has a market cap of $390.11 million, a price-to-earnings ratio of 30.29 and a beta of 1.12. The company has a fifty day moving average price of $150.57 and a two-hundred day moving average price of $167.47.

Institutional Trading of SPDR S&P Software & Services ETF

Several institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE boosted its stake in SPDR S&P Software & Services ETF by 1.6% in the 3rd quarter. Bank of America Corp DE now owns 392,478 shares of the company’s stock valued at $77,616,000 after buying an additional 6,093 shares in the last quarter. LPL Financial LLC boosted its stake in SPDR S&P Software & Services ETF by 18.4% in the 4th quarter. LPL Financial LLC now owns 118,013 shares of the company’s stock valued at $22,085,000 after buying an additional 18,349 shares in the last quarter. Wells Fargo & Company MN boosted its stake in SPDR S&P Software & Services ETF by 11.1% in the 4th quarter. Wells Fargo & Company MN now owns 53,660 shares of the company’s stock valued at $10,042,000 after buying an additional 5,363 shares in the last quarter. Raymond James Financial Inc. boosted its stake in SPDR S&P Software & Services ETF by 1.2% in the 3rd quarter. Raymond James Financial Inc. now owns 33,212 shares of the company’s stock valued at $6,568,000 after buying an additional 379 shares in the last quarter. Finally, Two Sigma Investments LP acquired a new stake in SPDR S&P Software & Services ETF in the 3rd quarter valued at $5,735,000.

SPDR S&P Software & Services ETF Company 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.