Performa Ltd US LLC Buys New Stake in SPDR S&P Software & Services ETF $XSW

Performa Ltd US LLC purchased a new position in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,000 shares of the company’s stock, valued at approximately $3,842,000. SPDR S&P Software & Services ETF makes up about 0.9% of Performa Ltd US LLC’s holdings, making the stock its 13th largest holding. Performa Ltd US LLC owned 1.12% of SPDR S&P Software & Services ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its holdings in SPDR S&P Software & Services ETF by 11.8% in the first quarter. Royal Bank of Canada now owns 2,881 shares of the company’s stock valued at $461,000 after buying an additional 305 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of SPDR S&P Software & Services ETF by 3.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 10,297 shares of the company’s stock worth $1,646,000 after acquiring an additional 296 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of SPDR S&P Software & Services ETF by 22.3% during the 2nd quarter. Raymond James Financial Inc. now owns 32,833 shares of the company’s stock worth $6,232,000 after acquiring an additional 5,995 shares in the last quarter. Two Sigma Investments LP acquired a new stake in shares of SPDR S&P Software & Services ETF during the 3rd quarter valued at about $5,735,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of SPDR S&P Software & Services ETF during the 3rd quarter valued at about $1,145,000.

SPDR S&P Software & Services ETF Stock Down 0.9%

Shares of SPDR S&P Software & Services ETF stock opened at $177.45 on Friday. The firm has a market cap of $436.53 million, a PE ratio of 30.29 and a beta of 1.16. SPDR S&P Software & Services ETF has a twelve month low of $135.19 and a twelve month high of $205.76. The business has a 50-day moving average price of $168.83 and a 200 day moving average price of $162.63.

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.