Kingsview Wealth Management LLC Sells 11,089 Shares of SPDR S&P Semiconductor ETF $XSD

Kingsview Wealth Management LLC lowered its stake in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 18.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,618 shares of the company’s stock after selling 11,089 shares during the period. Kingsview Wealth Management LLC owned approximately 0.97% of SPDR S&P Semiconductor ETF worth $12,214,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. increased its holdings in SPDR S&P Semiconductor ETF by 16.5% in the 1st quarter. Avantax Advisory Services Inc. now owns 4,328 shares of the company’s stock worth $869,000 after buying an additional 612 shares during the period. Cetera Investment Advisers increased its stake in SPDR S&P Semiconductor ETF by 19.5% during the first quarter. Cetera Investment Advisers now owns 45,249 shares of the company’s stock worth $9,085,000 after purchasing an additional 7,390 shares during the period. AGP Franklin LLC grew its stake in shares of SPDR S&P Semiconductor ETF by 4.1% in the first quarter. AGP Franklin LLC now owns 1,982 shares of the company’s stock worth $398,000 after acquiring an additional 78 shares in the last quarter. Foundations Investment Advisors LLC acquired a new stake in SPDR S&P Semiconductor ETF in the first quarter valued at $462,000. Finally, Modera Wealth Management LLC raised its holdings in SPDR S&P Semiconductor ETF by 10.0% during the first quarter. Modera Wealth Management LLC now owns 1,436 shares of the company’s stock worth $288,000 after purchasing an additional 130 shares in the last quarter.

SPDR S&P Semiconductor ETF Stock Down 0.4%

Shares of NYSEARCA XSD opened at $309.99 on Friday. The business has a 50-day moving average price of $327.84 and a 200 day moving average price of $279.28. The stock has a market cap of $1.61 billion, a PE ratio of 33.47 and a beta of 1.60. SPDR S&P Semiconductor ETF has a 52-week low of $156.77 and a 52-week high of $358.86.

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.