HighTower Advisors LLC Sells 156 Shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW)

HighTower Advisors LLC reduced its position in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW) by 1.1% during the third quarter, Holdings Channel reports. The institutional investor owned 14,205 shares of the company’s stock after selling 156 shares during the period. HighTower Advisors LLC’s holdings in SPDR S&P Software & Services ETF were worth $2,279,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in shares of 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 valued at $3,214,000 after buying an additional 4,263 shares during the last quarter. New Harbor Financial Group LLC lifted its position in SPDR S&P Software & Services ETF by 6.0% in the 3rd quarter. New Harbor Financial Group LLC now owns 73,613 shares of the company’s stock valued at $11,829,000 after acquiring an additional 4,179 shares in the last quarter. Newbridge Financial Services Group Inc. boosted its stake in SPDR S&P Software & Services ETF by 37.9% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 7,927 shares of the company’s stock valued at $1,198,000 after purchasing an additional 2,179 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in SPDR S&P Software & Services ETF during the 2nd quarter worth approximately $235,000. Finally, Arkadios Wealth Advisors purchased a new stake in shares of SPDR S&P Software & Services ETF in the second quarter worth approximately $215,000.

SPDR S&P Software & Services ETF Stock Down 1.3 %

XSW stock opened at $197.94 on Friday. The firm has a market capitalization of $488.91 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 $136.84 and a twelve month high of $206.00. The stock’s 50 day moving average is $179.79 and its 200-day moving average is $161.60.

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.