SPDR S&P Semiconductor ETF $XSD Stock Sold by Parallel Advisors LLC

Parallel Advisors LLC trimmed its stake in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 67.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 562 shares of the company’s stock after selling 1,184 shares during the quarter. Parallel Advisors LLC’s holdings in SPDR S&P Semiconductor ETF were worth $298,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Retirement Income Solutions Inc. purchased a new position in shares of SPDR S&P Semiconductor ETF during the second quarter valued at approximately $1,465,000. JNBA Financial Advisors bought a new stake in shares of SPDR S&P Semiconductor ETF during the second quarter valued at approximately $713,599,000. Nwam LLC bought a new stake in shares of SPDR S&P Semiconductor ETF during the second quarter valued at approximately $9,579,000. Clarus Wealth Advisors purchased a new stake in SPDR S&P Semiconductor ETF in the second quarter worth $15,361,000. Finally, First PREMIER Bank purchased a new stake in SPDR S&P Semiconductor ETF in the second quarter worth $61,166,000.

SPDR S&P Semiconductor ETF Trading Down 3.2%

XSD traded down $14.58 during trading on Friday, reaching $441.38. The stock had a trading volume of 143,111 shares, compared to its average volume of 98,199. The stock’s 50 day moving average is $490.13 and its two-hundred day moving average is $474.19. The company has a market capitalization of $2.35 billion, a price-to-earnings ratio of 27.97 and a beta of 2.06. SPDR S&P Semiconductor ETF has a one year low of $280.83 and a one year 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.