Sovran Advisors LLC Acquires New Shares in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Sovran Advisors LLC acquired a new position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,736 shares of the company’s stock, valued at approximately $683,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. 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 worth $28,000 after purchasing an additional 52 shares during the period. Wingate Wealth Advisors Inc. purchased a new position in shares of SPDR S&P Semiconductor ETF during the fourth quarter worth $87,000. Golden State Wealth Management LLC acquired a new stake in shares of SPDR S&P Semiconductor ETF in the fourth quarter valued at $142,000. BNP Paribas Financial Markets raised its holdings in shares of SPDR S&P Semiconductor ETF by 4,068.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 792 shares of the company’s stock valued at $190,000 after buying an additional 773 shares during the period. Finally, U.S. Capital Wealth Advisors LLC acquired a new position in SPDR S&P Semiconductor ETF during the 4th quarter worth about $227,000.

SPDR S&P Semiconductor ETF Price Performance

Shares of SPDR S&P Semiconductor ETF stock opened at $237.75 on Wednesday. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 24.64 and a beta of 1.96. The business has a 50-day moving average of $254.59 and a 200 day moving average of $241.30. SPDR S&P Semiconductor ETF has a 12 month low of $199.09 and a 12 month high of $273.98.

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.