Pennington Partners & CO. LLC Invests $233,000 in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Pennington Partners & CO. LLC purchased a new stake in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 937 shares of the company’s stock, valued at approximately $233,000.

Other large investors have also added to or reduced their stakes in the company. LPL Financial LLC boosted its position in SPDR S&P Semiconductor ETF by 34.9% in the 4th quarter. LPL Financial LLC now owns 271,068 shares of the company’s stock valued at $67,347,000 after buying an additional 70,116 shares during the last quarter. Strategic Financial Concepts LLC purchased a new stake in shares of SPDR S&P Semiconductor ETF during the fourth quarter worth about $17,901,000. PNC Financial Services Group Inc. lifted its stake in shares of SPDR S&P Semiconductor ETF by 2.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 68,485 shares of the company’s stock worth $17,015,000 after acquiring an additional 1,484 shares in the last quarter. Raymond James Financial Inc. purchased a new position in SPDR S&P Semiconductor ETF in the fourth quarter valued at about $13,981,000. Finally, Kingsview Wealth Management LLC grew its stake in SPDR S&P Semiconductor ETF by 832.6% during the 4th quarter. Kingsview Wealth Management LLC now owns 52,951 shares of the company’s stock valued at $13,156,000 after purchasing an additional 47,273 shares in the last quarter.

SPDR S&P Semiconductor ETF Stock Up 1.2 %

XSD stock opened at $195.35 on Friday. The company has a market capitalization of $1.03 billion, a PE ratio of 21.66 and a beta of 1.49. The stock’s 50 day moving average is $200.07 and its two-hundred day moving average is $231.84. SPDR S&P Semiconductor ETF has a 52-week low of $156.78 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.