Dale Q Rice Investment Management Ltd Purchases New Stake in SPDR S&P Software & Services ETF (NYSEARCA:XSW)

Dale Q Rice Investment Management Ltd acquired a new position in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,741 shares of the company’s stock, valued at approximately $1,652,000. SPDR S&P Software & Services ETF comprises 0.7% of Dale Q Rice Investment Management Ltd’s investment portfolio, making the stock its 19th biggest holding. Dale Q Rice Investment Management Ltd owned about 0.35% of SPDR S&P Software & Services ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Jane Street Group LLC bought a new stake in shares of SPDR S&P Software & Services ETF during the third quarter worth approximately $805,000. Envestnet Asset Management Inc. raised its position in shares of SPDR S&P Software & Services ETF by 25.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 21,270 shares of the company’s stock valued at $3,214,000 after acquiring an additional 4,263 shares during the last quarter. New Harbor Financial Group LLC raised its position in shares of SPDR S&P Software & Services ETF by 6.0% during 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 during the last quarter. Newbridge Financial Services Group Inc. lifted its stake in shares of 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 purchasing an additional 2,179 shares during the period. Finally, B. Riley Wealth Advisors Inc. bought a new position in shares of SPDR S&P Software & Services ETF in the 2nd quarter worth $235,000.

SPDR S&P Software & Services ETF Trading Down 0.8 %

NYSEARCA XSW opened at $182.25 on Tuesday. SPDR S&P Software & Services ETF has a 12 month low of $136.84 and a 12 month high of $206.00. The stock has a 50-day simple moving average of $191.90 and a 200 day simple moving average of $168.95. The company has a market capitalization of $450.16 million, a PE ratio of 26.51 and a beta of 1.47.

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.