Hobart Private Capital LLC Sells 3,523 Shares of SPDR S&P Semiconductor ETF $XSD

Hobart Private Capital LLC cut its holdings in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 9.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,093 shares of the company’s stock after selling 3,523 shares during the quarter. SPDR S&P Semiconductor ETF makes up 2.3% of Hobart Private Capital LLC’s investment portfolio, making the stock its 16th largest holding. Hobart Private Capital LLC’s holdings in SPDR S&P Semiconductor ETF were worth $11,199,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XSD. Bulwark Capital Corp purchased a new stake in SPDR S&P Semiconductor ETF during the second quarter worth about $41,000. Ameritas Advisory Services LLC bought a new position in shares of SPDR S&P Semiconductor ETF during the 2nd quarter valued at approximately $52,000. IFP Advisors Inc increased its stake in shares of SPDR S&P Semiconductor ETF by 17.9% during the 2nd quarter. IFP Advisors Inc now owns 264 shares of the company’s stock worth $68,000 after purchasing an additional 40 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in shares of SPDR S&P Semiconductor ETF in the 1st quarter worth approximately $92,000. Finally, CWM LLC raised its holdings in shares of SPDR S&P Semiconductor ETF by 15.7% in the 2nd quarter. CWM LLC now owns 383 shares of the company’s stock worth $98,000 after purchasing an additional 52 shares during the period.

SPDR S&P Semiconductor ETF Trading Down 4.8%

SPDR S&P Semiconductor ETF stock opened at $328.13 on Monday. The business’s 50 day simple moving average is $331.09 and its 200 day simple moving average is $294.04. SPDR S&P Semiconductor ETF has a 12 month low of $156.77 and a 12 month high of $358.86. The company has a market cap of $1.71 billion, a price-to-earnings ratio of 33.47 and a beta of 1.60.

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.