72,051 Shares in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) Purchased by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC acquired a new position in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 72,051 shares of the company’s stock, valued at approximately $17,901,000. SPDR S&P Semiconductor ETF makes up approximately 0.5% of Strategic Financial Concepts LLC’s holdings, making the stock its 24th largest holding.

A number of other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC grew its holdings in shares of SPDR S&P Semiconductor ETF by 103,332.0% during the third quarter. International Assets Investment Management LLC now owns 2,058,296 shares of the company’s stock worth $494,506,000 after buying an additional 2,056,306 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in shares of SPDR S&P Semiconductor ETF by 832.6% during the fourth quarter. Kingsview Wealth Management LLC now owns 52,951 shares of the company’s stock worth $13,156,000 after buying an additional 47,273 shares in the last quarter. Hobart Private Capital LLC grew its holdings in shares of SPDR S&P Semiconductor ETF by 1.0% during the fourth quarter. Hobart Private Capital LLC now owns 45,111 shares of the company’s stock worth $11,208,000 after buying an additional 454 shares in the last quarter. Raymond James & Associates boosted its position in SPDR S&P Semiconductor ETF by 112.4% during the third quarter. Raymond James & Associates now owns 44,715 shares of the company’s stock valued at $10,743,000 after purchasing an additional 23,662 shares during the last quarter. Finally, CacheTech Inc. boosted its position in SPDR S&P Semiconductor ETF by 11.3% during the third quarter. CacheTech Inc. now owns 33,179 shares of the company’s stock valued at $7,971,000 after purchasing an additional 3,358 shares during the last quarter.

SPDR S&P Semiconductor ETF Stock Performance

Shares of NYSEARCA XSD opened at $243.91 on Friday. The stock has a 50 day moving average price of $253.27 and a 200 day moving average price of $241.33. SPDR S&P Semiconductor ETF has a 52 week low of $199.09 and a 52 week high of $273.98. The stock has a market capitalization of $1.54 billion, a PE ratio of 24.64 and a beta of 1.96.

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.