SPDR S&P Semiconductor ETF (NYSEARCA:XSD) Sees Strong Trading Volume – What’s Next?

SPDR S&P Semiconductor ETF (NYSEARCA:XSD) shares saw unusually-high trading volume on Monday . Approximately 148,490 shares changed hands during mid-day trading, an increase of 199% from the previous session’s volume of 49,694 shares.The stock last traded at $239.86 and had previously closed at $263.55.

SPDR S&P Semiconductor ETF Trading Up 0.5 %

The company’s 50-day moving average is $254.09 and its two-hundred day moving average is $241.89. The stock has a market capitalization of $1.54 billion, a P/E ratio of 24.64 and a beta of 1.96.

Institutional Trading of SPDR S&P Semiconductor ETF

Several hedge funds have recently added to or reduced their stakes in XSD. Gateway Wealth Partners LLC increased its position in shares of SPDR S&P Semiconductor ETF by 4.7% during the 3rd quarter. Gateway Wealth Partners LLC now owns 1,019 shares of the company’s stock valued at $245,000 after purchasing an additional 46 shares during the period. Guerra Pan Advisors LLC lifted its holdings in SPDR S&P Semiconductor ETF by 4.4% in the 3rd quarter. Guerra Pan Advisors LLC now owns 1,218 shares of the company’s stock valued at $293,000 after acquiring an additional 51 shares during the last quarter. PSI Advisors LLC boosted its position in shares of SPDR S&P Semiconductor ETF by 86.7% during the 4th quarter. PSI Advisors LLC now owns 112 shares of the company’s stock valued at $28,000 after purchasing an additional 52 shares in the last quarter. Juncture Wealth Strategies LLC grew its stake in shares of SPDR S&P Semiconductor ETF by 4.5% in the 4th quarter. Juncture Wealth Strategies LLC now owns 1,255 shares of the company’s stock worth $312,000 after purchasing an additional 54 shares during the last quarter. Finally, Creative Planning raised its holdings in shares of SPDR S&P Semiconductor ETF by 1.7% in the 3rd quarter. Creative Planning now owns 3,775 shares of the company’s stock worth $907,000 after purchasing an additional 64 shares in the last quarter.

About SPDR S&P Semiconductor ETF

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.