SPDR S&P Semiconductor ETF (NYSEARCA:XSD) Shares Sold by Financial Advocates Investment Management

Financial Advocates Investment Management cut its stake in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 22.3% in the 4th quarter, Holdings Channel reports. The fund owned 1,289 shares of the company’s stock after selling 370 shares during the quarter. Financial Advocates Investment Management’s holdings in SPDR S&P Semiconductor ETF were worth $320,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets increased its position in SPDR S&P Semiconductor ETF by 4,068.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 792 shares of the company’s stock worth $190,000 after purchasing an additional 773 shares during the period. Private Advisor Group LLC boosted its stake in shares of SPDR S&P Semiconductor ETF by 8.6% in the third quarter. Private Advisor Group LLC now owns 1,958 shares of the company’s stock valued at $470,000 after buying an additional 155 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of SPDR S&P Semiconductor ETF by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 2,269 shares of the company’s stock valued at $545,000 after buying an additional 244 shares in the last quarter. U.S. Capital Wealth Advisors LLC acquired a new position in SPDR S&P Semiconductor ETF during the fourth quarter worth $227,000. Finally, MML Investors Services LLC raised its position in SPDR S&P Semiconductor ETF by 8.4% in the third quarter. MML Investors Services LLC now owns 29,088 shares of the company’s stock worth $6,988,000 after acquiring an additional 2,266 shares in the last quarter.

SPDR S&P Semiconductor ETF Stock Performance

Shares of NYSEARCA XSD opened at $242.25 on Monday. SPDR S&P Semiconductor ETF has a one year low of $199.09 and a one year high of $273.98. The firm has a market capitalization of $1.53 billion, a P/E ratio of 24.64 and a beta of 1.96. The company’s fifty day moving average is $254.85 and its two-hundred day moving average is $241.29.

SPDR S&P Semiconductor ETF Company 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.