Kingsview Wealth Management LLC Buys Shares of 60,107 SPDR S&P Software & Services ETF (NYSEARCA:XSW)

Kingsview Wealth Management LLC purchased a new position in shares of SPDR S&P Software & Services ETF (NYSEARCA:XSW) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 60,107 shares of the company’s stock, valued at approximately $11,358,000. Kingsview Wealth Management LLC owned about 2.43% of SPDR S&P Software & Services ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of XSW. ORG Partners LLC purchased a new position in SPDR S&P Software & Services ETF during the third quarter valued at $27,000. Farther Finance Advisors LLC lifted its position in shares of SPDR S&P Software & Services ETF by 64.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 325 shares of the company’s stock valued at $52,000 after buying an additional 127 shares in the last quarter. Foundations Investment Advisors LLC purchased a new position in shares of SPDR S&P Software & Services ETF during the 4th quarter valued at about $700,000. Jane Street Group LLC bought a new position in shares of SPDR S&P Software & Services ETF during the 3rd quarter valued at approximately $805,000. Finally, Tandem Financial LLC purchased a new stake in SPDR S&P Software & Services ETF in the 4th quarter worth approximately $1,003,000.

SPDR S&P Software & Services ETF Price Performance

Shares of NYSEARCA:XSW opened at $195.26 on Friday. The company has a market capitalization of $482.29 million, a P/E ratio of 26.51 and a beta of 1.47. SPDR S&P Software & Services ETF has a 1-year low of $136.84 and a 1-year high of $206.00. The firm’s 50 day simple moving average is $193.99 and its two-hundred day simple moving average is $173.71.

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.