Wealthfront Advisers LLC Purchases Shares of 43,341 SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Wealthfront Advisers LLC acquired a new stake in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 43,341 shares of the company’s stock, valued at approximately $10,768,000.

A number of other hedge funds also recently made changes to their positions in the company. Strategic Financial Concepts LLC acquired a new stake in SPDR S&P Semiconductor ETF in the fourth quarter valued at $17,901,000. Raymond James Financial Inc. bought a new position in shares of SPDR S&P Semiconductor ETF during the fourth quarter worth about $13,981,000. Kingsview Wealth Management LLC grew its position in SPDR S&P Semiconductor ETF by 832.6% in the 4th quarter. Kingsview Wealth Management LLC now owns 52,951 shares of the company’s stock valued at $13,156,000 after buying an additional 47,273 shares in the last quarter. Dale Q Rice Investment Management Ltd bought a new position in SPDR S&P Semiconductor ETF in the 4th quarter valued at about $5,636,000. Finally, World Investment Advisors LLC bought a new position in SPDR S&P Semiconductor ETF in the 3rd quarter valued at about $3,157,000.

SPDR S&P Semiconductor ETF Stock Down 1.1 %

Shares of XSD opened at $209.19 on Wednesday. The firm has a 50-day moving average price of $245.03 and a 200 day moving average price of $242.37. The firm has a market capitalization of $1.13 billion, a PE ratio of 29.37 and a beta of 1.37. SPDR S&P Semiconductor ETF has a 52-week low of $199.09 and a 52-week high of $273.98.

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.