Farther Finance Advisors LLC Acquires 127 Shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW)

Farther Finance Advisors LLC raised its holdings in SPDR S&P Software & Services ETF (NYSEARCA:XSW) by 64.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 325 shares of the company’s stock after acquiring an additional 127 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR S&P Software & Services ETF were worth $52,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. lifted its position in SPDR S&P Software & Services ETF by 37.9% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 7,927 shares of the company’s stock valued at $1,198,000 after acquiring an additional 2,179 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in SPDR S&P Software & Services ETF by 25.1% in the 2nd 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. Raymond James & Associates increased its stake in SPDR S&P Software & Services ETF by 0.6% in the 3rd quarter. Raymond James & Associates now owns 21,372 shares of the company’s stock valued at $3,434,000 after buying an additional 132 shares during the last quarter. Arkadios Wealth Advisors acquired a new stake in SPDR S&P Software & Services ETF in the 2nd quarter valued at $215,000. Finally, ORG Partners LLC acquired a new stake in SPDR S&P Software & Services ETF in the 3rd quarter valued at $27,000.

SPDR S&P Software & Services ETF Price Performance

SPDR S&P Software & Services ETF stock opened at $187.47 on Thursday. The firm has a market capitalization of $463.05 million, a PE ratio of 26.51 and a beta of 1.47. The company’s 50-day moving average is $163.19 and its 200-day moving average is $155.05. SPDR S&P Software & Services ETF has a fifty-two week low of $130.08 and a fifty-two week high of $192.03.

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.