SMI Advisory Services LLC Takes Position in SPDR S&P Semiconductor ETF $XSD

SMI Advisory Services LLC purchased a new stake in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) during the second quarter, according to its most recent filing with the SEC. The firm purchased 36,067 shares of the company’s stock, valued at approximately $20,604,000. SPDR S&P Semiconductor ETF accounts for approximately 3.3% of SMI Advisory Services LLC’s portfolio, making the stock its 8th largest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LPL Financial LLC grew its holdings in SPDR S&P Semiconductor ETF by 4.8% during the fourth quarter. LPL Financial LLC now owns 243,655 shares of the company’s stock valued at $78,359,000 after purchasing an additional 11,229 shares during the period. Wells Fargo & Company MN raised its holdings in SPDR S&P Semiconductor ETF by 8.0% in the fourth quarter. Wells Fargo & Company MN now owns 87,459 shares of the company’s stock worth $28,126,000 after purchasing an additional 6,494 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of SPDR S&P Semiconductor ETF by 0.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 78,094 shares of the company’s stock worth $25,115,000 after purchasing an additional 504 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of SPDR S&P Semiconductor ETF by 47.8% during the second quarter. BNP Paribas Financial Markets now owns 75,597 shares of the company’s stock worth $19,391,000 after purchasing an additional 24,465 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of SPDR S&P Semiconductor ETF by 19.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 66,372 shares of the company’s stock valued at $13,326,000 after buying an additional 10,760 shares during the period.

SPDR S&P Semiconductor ETF Stock Down 3.5%

XSD opened at $525.40 on Tuesday. The stock has a market cap of $2.93 billion, a P/E ratio of 33.47 and a beta of 2.01. SPDR S&P Semiconductor ETF has a 12 month low of $267.00 and a 12 month high of $658.14. The company has a fifty day simple moving average of $559.35 and a 200 day simple moving average of $461.50.

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.