Amica Mutual Insurance Co. Lowers Stock Holdings in SPDR S&P Software & Services ETF (NYSEARCA:XSW)

Amica Mutual Insurance Co. reduced its position in SPDR S&P Software & Services ETF (NYSEARCA:XSW) by 48.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,143 shares of the company’s stock after selling 3,887 shares during the quarter. Amica Mutual Insurance Co. owned 0.17% of SPDR S&P Software & Services ETF worth $783,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Kiker Wealth Management LLC purchased a new position in SPDR S&P Software & Services ETF in the 4th quarter worth $27,000. JNBA Financial Advisors bought a new position in shares of SPDR S&P Software & Services ETF during the fourth quarter valued at about $38,000. Sherman Asset Management Inc. purchased a new position in shares of SPDR S&P Software & Services ETF in the fourth quarter worth about $168,000. Commonwealth Equity Services LLC bought a new stake in shares of SPDR S&P Software & Services ETF in the 4th quarter valued at about $240,000. Finally, Jones Financial Companies Lllp boosted its holdings in SPDR S&P Software & Services ETF by 564.0% during the 4th quarter. Jones Financial Companies Lllp now owns 1,660 shares of the company’s stock valued at $314,000 after acquiring an additional 1,410 shares during the period.

SPDR S&P Software & Services ETF Price Performance

Shares of SPDR S&P Software & Services ETF stock opened at $169.83 on Thursday. SPDR S&P Software & Services ETF has a one year low of $136.84 and a one year high of $206.00. The business’s 50 day simple moving average is $182.96 and its two-hundred day simple moving average is $179.90. The stock has a market capitalization of $482.32 million, a P/E ratio of 29.68 and a beta of 1.20.

SPDR S&P Software & Services ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were issued a dividend of $0.0513 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.