Adams Wealth Management Buys 1,528 Shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Adams Wealth Management increased its stake in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 4.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 34,707 shares of the company’s stock after purchasing an additional 1,528 shares during the period. SPDR S&P Semiconductor ETF makes up 1.6% of Adams Wealth Management’s holdings, making the stock its 16th biggest holding. Adams Wealth Management owned 0.55% of SPDR S&P Semiconductor ETF worth $8,623,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. LPL Financial LLC raised its holdings in shares of SPDR S&P Semiconductor ETF by 34.9% during the 4th quarter. LPL Financial LLC now owns 271,068 shares of the company’s stock worth $67,347,000 after buying an additional 70,116 shares in the last quarter. Strategic Financial Concepts LLC acquired a new position in SPDR S&P Semiconductor ETF during the fourth quarter worth about $17,901,000. PNC Financial Services Group Inc. lifted its holdings in shares of SPDR S&P Semiconductor ETF by 2.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 68,485 shares of the company’s stock worth $17,015,000 after acquiring an additional 1,484 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of SPDR S&P Semiconductor ETF in the 4th quarter valued at approximately $13,981,000. Finally, Kingsview Wealth Management LLC grew its holdings in shares of SPDR S&P Semiconductor ETF by 832.6% during the 4th quarter. Kingsview Wealth Management LLC now owns 52,951 shares of the company’s stock valued at $13,156,000 after purchasing an additional 47,273 shares during the last quarter.

SPDR S&P Semiconductor ETF Stock Performance

Shares of XSD opened at $178.99 on Tuesday. SPDR S&P Semiconductor ETF has a 52 week low of $156.78 and a 52 week high of $273.98. The stock has a market capitalization of $921.80 million, a price-to-earnings ratio of 25.18 and a beta of 1.49. The stock has a fifty day moving average of $216.09 and a 200-day moving average of $236.79.

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.