NTV Asset Management LLC Sells 200,984 Shares of SPDR S&P Software & Services ETF $XSW

NTV Asset Management LLC trimmed its holdings in SPDR S&P Software & Services ETF (NYSEARCA:XSW) by 99.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 2,123 shares of the company’s stock after selling 200,984 shares during the period. NTV Asset Management LLC owned approximately 0.09% of SPDR S&P Software & Services ETF worth $413,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XSW. Royal Bank of Canada grew its holdings in shares of SPDR S&P Software & Services ETF by 300.9% during the 1st quarter. Royal Bank of Canada now owns 24,558 shares of the company’s stock worth $3,495,000 after purchasing an additional 18,433 shares during the period. Compass Financial Management LLC acquired a new stake in shares of SPDR S&P Software & Services ETF during the 2nd quarter worth about $591,000. Lowe Brockenbrough & Co. Inc. purchased a new stake in SPDR S&P Software & Services ETF in the 1st quarter valued at about $590,000. Performa Ltd US LLC purchased a new stake in SPDR S&P Software & Services ETF in the 1st quarter valued at about $3,842,000. Finally, Arlington Financial Advisors LLC purchased a new stake in SPDR S&P Software & Services ETF in the 3rd quarter valued at about $905,000.

SPDR S&P Software & Services ETF Price Performance

NYSEARCA XSW opened at $215.42 on Monday. The firm’s 50-day moving average is $201.35 and its two-hundred day moving average is $179.93. SPDR S&P Software & Services ETF has a 12 month low of $135.19 and a 12 month high of $216.22. The stock has a market capitalization of $493.31 million, a P/E ratio of 30.29 and a beta of 1.19.

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.