Forum Financial Management LP Buys Shares of 1,041 SPDR S&P Semiconductor ETF $XSD

Forum Financial Management LP bought a new stake in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 1,041 shares of the company’s stock, valued at approximately $267,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in XSD. Bulwark Capital Corp acquired a new stake in SPDR S&P Semiconductor ETF in the second quarter worth about $41,000. Ameritas Advisory Services LLC acquired a new stake in SPDR S&P Semiconductor ETF in the second quarter worth about $52,000. IFP Advisors Inc boosted its holdings in SPDR S&P Semiconductor ETF by 17.9% in the second quarter. IFP Advisors Inc now owns 264 shares of the company’s stock worth $68,000 after acquiring an additional 40 shares in the last quarter. Russell Investments Group Ltd. acquired a new stake in SPDR S&P Semiconductor ETF in the first quarter worth about $92,000. Finally, CWM LLC boosted its holdings in SPDR S&P Semiconductor ETF by 15.7% in the second quarter. CWM LLC now owns 383 shares of the company’s stock worth $98,000 after acquiring an additional 52 shares in the last quarter.

SPDR S&P Semiconductor ETF Stock Performance

Shares of NYSEARCA XSD opened at $345.28 on Monday. The company has a market cap of $1.79 billion, a PE ratio of 33.47 and a beta of 1.41. The business has a 50-day simple moving average of $312.24 and a two-hundred day simple moving average of $263.03. SPDR S&P Semiconductor ETF has a fifty-two week low of $156.77 and a fifty-two week high of $354.52.

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.