SPDR S&P Semiconductor ETF (NYSEARCA:XSD) Short Interest Update

SPDR S&P Semiconductor ETF (NYSEARCA:XSD) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 93,431 shares, a decline of 50.8% from the May 31st total of 189,821 shares. Approximately 1.8% of the company’s shares are sold short. Based on an average trading volume of 169,089 shares, the short-interest ratio is presently 0.6 days.

SPDR S&P Semiconductor ETF Price Performance

SPDR S&P Semiconductor ETF stock traded up $14.67 during mid-day trading on Tuesday, reaching $607.31. 29,016 shares of the company traded hands, compared to its average volume of 82,167. SPDR S&P Semiconductor ETF has a 52-week low of $251.32 and a 52-week high of $658.14. The firm has a market capitalization of $3.08 billion, a price-to-earnings ratio of 33.47 and a beta of 2.00. The firm’s 50 day moving average price is $561.78 and its 200 day moving average price is $421.11.

Hedge Funds Weigh In On SPDR S&P Semiconductor ETF

Several hedge funds and other institutional investors have recently modified their holdings of XSD. Rockefeller Capital Management L.P. raised its stake in shares of SPDR S&P Semiconductor ETF by 0.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,596 shares of the company’s stock worth $1,157,000 after buying an additional 30 shares during the period. NFSG Corp increased its holdings in SPDR S&P Semiconductor ETF by 4.9% in the 1st quarter. NFSG Corp now owns 744 shares of the company’s stock worth $243,000 after acquiring an additional 35 shares in the last quarter. Beaumont Asset Management L.L.C. increased its holdings in SPDR S&P Semiconductor ETF by 0.4% in the 1st quarter. Beaumont Asset Management L.L.C. now owns 11,369 shares of the company’s stock worth $3,708,000 after acquiring an additional 40 shares in the last quarter. Private Trust Co. NA raised its stake in SPDR S&P Semiconductor ETF by 28.0% during the 4th quarter. Private Trust Co. NA now owns 192 shares of the company’s stock worth $62,000 after acquiring an additional 42 shares during the period. Finally, Strategic Advocates LLC raised its stake in SPDR S&P Semiconductor ETF by 71.0% during the 4th quarter. Strategic Advocates LLC now owns 106 shares of the company’s stock worth $34,000 after acquiring an additional 44 shares during the period.

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.