SPDR S&P Semiconductor ETF $XSD Shares Sold by Vertex Investment Solutions Co. Ltd.

Vertex Investment Solutions Co. Ltd. cut its stake in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 61.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 1,700 shares of the company’s stock after selling 2,700 shares during the quarter. SPDR S&P Semiconductor ETF accounts for about 0.7% of Vertex Investment Solutions Co. Ltd.’s investment portfolio, making the stock its 23rd biggest holding. Vertex Investment Solutions Co. Ltd.’s holdings in SPDR S&P Semiconductor ETF were worth $1,035,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Advocacy Wealth Management LLC acquired a new stake in SPDR S&P Semiconductor ETF during the 2nd quarter worth about $3,641,262,000. JNBA Financial Advisors acquired a new position in shares of SPDR S&P Semiconductor ETF in the second quarter valued at about $713,599,000. Oarsman Capital Inc. acquired a new position in shares of SPDR S&P Semiconductor ETF in the second quarter valued at about $582,363,000. Rodgers & Associates LTD acquired a new position in shares of SPDR S&P Semiconductor ETF in the second quarter valued at about $253,998,000. Finally, Rehmann Capital Advisory Group purchased a new position in shares of SPDR S&P Semiconductor ETF in the second quarter worth about $223,207,000.

SPDR S&P Semiconductor ETF Stock Up 2.7%

SPDR S&P Semiconductor ETF stock opened at $491.45 on Friday. SPDR S&P Semiconductor ETF has a 52 week low of $280.83 and a 52 week high of $658.14. The company has a market capitalization of $2.74 billion, a price-to-earnings ratio of 33.47 and a beta of 2.01. The stock has a 50-day moving average price of $519.76 and a 200 day moving average price of $480.31.

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.