Kingswood Wealth Advisors LLC Lowers Holdings in SPDR S&P Software & Services ETF (NYSEARCA:XSW)

Kingswood Wealth Advisors LLC cut its holdings in SPDR S&P Software & Services ETF (NYSEARCA:XSW) by 11.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,387 shares of the company’s stock after selling 297 shares during the period. Kingswood Wealth Advisors LLC’s holdings in SPDR S&P Software & Services ETF were worth $451,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. J. W. Coons Advisors LLC lifted its holdings in SPDR S&P Software & Services ETF by 1.4% in the 3rd quarter. J. W. Coons Advisors LLC now owns 6,715 shares of the company’s stock worth $1,079,000 after purchasing an additional 90 shares in the last quarter. Farther Finance Advisors LLC increased its stake in SPDR S&P Software & Services ETF by 64.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 325 shares of the company’s stock worth $52,000 after acquiring an additional 127 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 worth $3,434,000 after acquiring an additional 132 shares during the last quarter. ORG Partners LLC bought a new stake in SPDR S&P Software & Services ETF in the 3rd quarter worth approximately $27,000. Finally, Stifel Financial Corp increased its stake in SPDR S&P Software & Services ETF by 0.8% in the 3rd quarter. Stifel Financial Corp now owns 23,000 shares of the company’s stock worth $3,696,000 after acquiring an additional 174 shares during the last quarter.

SPDR S&P Software & Services ETF Price Performance

NYSEARCA:XSW opened at $194.62 on Friday. SPDR S&P Software & Services ETF has a 1 year low of $136.84 and a 1 year high of $206.00. The stock’s 50 day simple moving average is $193.78 and its two-hundred day simple moving average is $172.19. The company has a market cap of $480.71 million, a price-to-earnings 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.