Strategic Advisors LLC Invests $80.84 Million in SPDR S&P Semiconductor ETF $XSD

Strategic Advisors LLC bought a new position in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 129,607 shares of the company’s stock, valued at approximately $80,836,000. SPDR S&P Semiconductor ETF accounts for about 15.2% of Strategic Advisors LLC’s holdings, making the stock its largest holding. Strategic Advisors LLC owned about 2.33% of SPDR S&P Semiconductor ETF at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Turtle Creek Wealth Advisors LLC acquired a new position in SPDR S&P Semiconductor ETF during the 1st quarter worth approximately $26,000. CIBC Private Wealth Group LLC acquired a new stake in shares of SPDR S&P Semiconductor ETF in the 3rd quarter valued at $32,000. Glenmede Trust Co. NA purchased a new stake in shares of SPDR S&P Semiconductor ETF during the 1st quarter worth $33,000. Strategic Advocates LLC lifted its position in shares of 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 purchasing an additional 44 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its position in shares of SPDR S&P Semiconductor ETF by 120.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 110 shares of the company’s stock worth $35,000 after purchasing an additional 60 shares during the last quarter.

SPDR S&P Semiconductor ETF Stock Performance

Shares of XSD stock opened at $481.84 on Monday. The company has a market cap of $2.68 billion, a P/E ratio of 33.47 and a beta of 2.01. The firm has a fifty day moving average price of $531.89 and a 200 day moving average price of $476.98. SPDR S&P Semiconductor ETF has a 12 month low of $276.00 and a 12 month high of $658.14.

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.