MGB Wealth Management LLC Has $8.20 Million Stake in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

MGB Wealth Management LLC increased its holdings in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 14.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,994 shares of the company’s stock after acquiring an additional 4,097 shares during the quarter. SPDR S&P Semiconductor ETF comprises about 2.5% of MGB Wealth Management LLC’s investment portfolio, making the stock its 5th largest holding. MGB Wealth Management LLC owned approximately 0.52% of SPDR S&P Semiconductor ETF worth $8,201,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of XSD. BNP Paribas Financial Markets increased its stake in SPDR S&P Semiconductor ETF by 4,068.4% in the third quarter. BNP Paribas Financial Markets now owns 792 shares of the company’s stock valued at $190,000 after acquiring an additional 773 shares during the last quarter. Private Advisor Group LLC increased its stake in shares of SPDR S&P Semiconductor ETF by 8.6% in the 3rd quarter. Private Advisor Group LLC now owns 1,958 shares of the company’s stock valued at $470,000 after purchasing an additional 155 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of SPDR S&P Semiconductor ETF by 12.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,269 shares of the company’s stock worth $545,000 after buying an additional 244 shares in the last quarter. U.S. Capital Wealth Advisors LLC bought a new stake in shares of SPDR S&P Semiconductor ETF during the 4th quarter worth $227,000. Finally, MML Investors Services LLC lifted its position in shares of SPDR S&P Semiconductor ETF by 8.4% during the 3rd quarter. MML Investors Services LLC now owns 29,088 shares of the company’s stock worth $6,988,000 after buying an additional 2,266 shares during the last quarter.

SPDR S&P Semiconductor ETF Trading Up 0.3 %

Shares of NYSEARCA XSD opened at $238.46 on Thursday. The company has a market cap of $1.51 billion, a price-to-earnings ratio of 24.64 and a beta of 1.96. SPDR S&P Semiconductor ETF has a 12 month low of $199.09 and a 12 month high of $273.98. The stock has a 50-day moving average price of $254.19 and a two-hundred day moving average price of $241.27.

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.