1,557 Shares in SPDR S&P Software & Services ETF (NYSEARCA:XSW) Bought by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. purchased a new stake in SPDR S&P Software & Services ETF (NYSEARCA:XSW) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 1,557 shares of the company’s stock, valued at approximately $235,000. B. Riley Wealth Advisors Inc. owned about 0.06% of SPDR S&P Software & Services ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Centaurus Financial Inc. bought a new stake in SPDR S&P Software & Services ETF during the fourth quarter worth $147,000. Napa Wealth Management acquired a new position in shares of SPDR S&P Software & Services ETF during the 4th quarter worth about $392,000. Able Wealth Management LLC bought a new stake in shares of SPDR S&P Software & Services ETF in the 4th quarter valued at about $108,000. New Harbor Financial Group LLC acquired a new stake in SPDR S&P Software & Services ETF in the 1st quarter valued at about $10,456,000. Finally, Envestnet Asset Management Inc. grew its holdings in SPDR S&P Software & Services ETF by 25.1% during the second quarter. Envestnet Asset Management Inc. now owns 21,270 shares of the company’s stock worth $3,214,000 after purchasing an additional 4,263 shares during the period.

SPDR S&P Software & Services ETF Stock Up 1.2 %

Shares of NYSEARCA XSW opened at $161.20 on Thursday. The business’s 50 day moving average price is $154.11 and its two-hundred day moving average price is $151.42. The company has a market cap of $398.16 million, a PE ratio of 26.51 and a beta of 1.47. SPDR S&P Software & Services ETF has a twelve month low of $117.11 and a twelve month high of $161.90.

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.