Amica Mutual Insurance Co. Invests $2.30 Million in SPDR S&P Software & Services ETF (NYSEARCA:XSW)

Amica Mutual Insurance Co. purchased a new position in SPDR S&P Software & Services ETF (NYSEARCA:XSW) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 15,311 shares of the company’s stock, valued at approximately $2,302,000. Amica Mutual Insurance Co. owned approximately 0.65% of SPDR S&P Software & Services ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Telemus Capital LLC raised its stake in shares of SPDR S&P Software & Services ETF by 29.4% in the fourth quarter. Telemus Capital LLC now owns 3,024 shares of the company’s stock worth $455,000 after purchasing an additional 687 shares during the last quarter. Powell Investment Advisors LLC purchased a new stake in shares of SPDR S&P Software & Services ETF during the 4th quarter valued at about $50,000. Western Wealth Management LLC purchased a new position in shares of SPDR S&P Software & Services ETF during the fourth quarter valued at approximately $208,000. Beacon Financial Advisory LLC lifted its position in SPDR S&P Software & Services ETF by 23.4% during the fourth quarter. Beacon Financial Advisory LLC now owns 2,567 shares of the company’s stock valued at $386,000 after purchasing an additional 486 shares during the period. Finally, Caerus Investment Advisors LLC purchased a new stake in SPDR S&P Software & Services ETF in the fourth quarter worth approximately $314,000.

SPDR S&P Software & Services ETF Trading Down 0.1 %

XSW stock traded down $0.13 during trading on Monday, reaching $148.41. The stock had a trading volume of 11,414 shares, compared to its average volume of 15,014. The stock’s 50 day moving average is $151.01 and its two-hundred day moving average is $144.04. The firm has a market cap of $371.01 million, a PE ratio of 26.51 and a beta of 1.45. SPDR S&P Software & Services ETF has a 52 week low of $112.54 and a 52 week high of $157.62.

SPDR S&P Software & Services ETF Company 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.