SPDR S&P Semiconductor ETF (NYSEARCA:XSD – Get Free Report) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 93,431 shares, a decrease of 50.8% from the May 31st total of 189,821 shares. Based on an average daily volume of 169,089 shares, the short-interest ratio is presently 0.6 days. Currently, 1.8% of the shares of the company are sold short.
Institutional Investors Weigh In On SPDR S&P Semiconductor ETF
Several institutional investors have recently added to or reduced their stakes in the business. Vicus Capital lifted its holdings in SPDR S&P Semiconductor ETF by 13.7% during the 4th quarter. Vicus Capital now owns 13,814 shares of the company’s stock worth $4,443,000 after purchasing an additional 1,667 shares in the last quarter. CoreCap Advisors LLC grew its holdings in SPDR S&P Semiconductor ETF by 8.9% during the 4th quarter. CoreCap Advisors LLC now owns 27,766 shares of the company’s stock valued at $8,929,000 after buying an additional 2,261 shares in the last quarter. Clearwave Capital LLC bought a new stake in shares of SPDR S&P Semiconductor ETF during the fourth quarter valued at about $306,000. FRG Family Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Semiconductor ETF in the fourth quarter worth about $833,000. Finally, World Investment Advisors boosted its position in shares of SPDR S&P Semiconductor ETF by 116.1% in the fourth quarter. World Investment Advisors now owns 2,905 shares of the company’s stock valued at $934,000 after acquiring an additional 1,561 shares during the period.
SPDR S&P Semiconductor ETF Stock Performance
NYSEARCA:XSD traded down $27.66 during trading hours on Wednesday, reaching $596.04. The stock had a trading volume of 178,283 shares, compared to its average volume of 83,593. SPDR S&P Semiconductor ETF has a 12-month low of $254.82 and a 12-month high of $658.14. The stock has a 50 day simple moving average of $565.96 and a 200 day simple moving average of $423.07. The stock has a market cap of $3.02 billion, a P/E ratio of 33.47 and a beta of 2.00.
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.
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