Kovack Advisors Inc. Increases Stake in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Kovack Advisors Inc. lifted its holdings in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 30.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,253 shares of the company’s stock after purchasing an additional 295 shares during the quarter. Kovack Advisors Inc.’s holdings in SPDR S&P Semiconductor ETF were worth $311,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Guerra Pan Advisors LLC boosted its stake in SPDR S&P Semiconductor ETF by 4.4% during the third quarter. Guerra Pan Advisors LLC now owns 1,218 shares of the company’s stock worth $293,000 after buying an additional 51 shares during the period. PSI Advisors LLC raised its holdings in shares of SPDR S&P Semiconductor ETF by 86.7% in the fourth quarter. PSI Advisors LLC now owns 112 shares of the company’s stock valued at $28,000 after acquiring an additional 52 shares in the last quarter. Juncture Wealth Strategies LLC raised its holdings in shares of SPDR S&P Semiconductor ETF by 4.5% in the fourth quarter. Juncture Wealth Strategies LLC now owns 1,255 shares of the company’s stock valued at $312,000 after acquiring an additional 54 shares in the last quarter. Creative Planning raised its holdings in shares of SPDR S&P Semiconductor ETF by 1.7% in the third quarter. Creative Planning now owns 3,775 shares of the company’s stock valued at $907,000 after acquiring an additional 64 shares in the last quarter. Finally, Financial Advocates Investment Management grew its stake in SPDR S&P Semiconductor ETF by 6.8% in the third quarter. Financial Advocates Investment Management now owns 1,659 shares of the company’s stock valued at $399,000 after purchasing an additional 105 shares during the last quarter.

SPDR S&P Semiconductor ETF Price Performance

XSD opened at $226.68 on Friday. The business’s 50-day moving average is $250.36 and its two-hundred day moving average is $243.06. SPDR S&P Semiconductor ETF has a 1 year low of $199.09 and a 1 year high of $273.98. The firm has a market capitalization of $1.22 billion, a PE ratio of 29.37 and a beta of 1.37.

SPDR S&P Semiconductor ETF Profile

SPDR S&P Semiconductor ETF (the Fund) seeks to closely match the returns and characteristics of the S&P Semiconductor Select Industry Index. The S&P Semiconductor Select Industry Index represents the Semiconductor sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.