Denver PWM LLC Takes $1.75 Million Position in SPDR S&P Semiconductor ETF $XSD

Denver PWM LLC bought a new position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 2,813 shares of the company’s stock, valued at approximately $1,754,000.

Other large investors have also added to or reduced their stakes in the company. Turtle Creek Wealth Advisors LLC bought a new stake in SPDR S&P Semiconductor ETF in the 1st quarter worth about $26,000. CIBC Private Wealth Group LLC purchased a new stake in SPDR S&P Semiconductor ETF in the 3rd quarter worth about $32,000. Glenmede Trust Co. NA bought a new stake in SPDR S&P Semiconductor ETF in the 1st quarter valued at about $33,000. Strategic Advocates LLC lifted its holdings in SPDR S&P Semiconductor ETF by 71.0% during the fourth quarter. Strategic Advocates LLC now owns 106 shares of the company’s stock valued at $34,000 after purchasing an additional 44 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its position in SPDR S&P Semiconductor ETF by 120.0% during the third quarter. Sunbelt Securities Inc. now owns 110 shares of the company’s stock worth $35,000 after purchasing an additional 60 shares during the period.

SPDR S&P Semiconductor ETF Price Performance

Shares of XSD stock opened at $485.14 on Tuesday. SPDR S&P Semiconductor ETF has a 1 year low of $276.00 and a 1 year high of $658.14. The company’s fifty day simple moving average is $528.62 and its two-hundred day simple moving average is $477.85. The stock has a market capitalization of $2.70 billion, a price-to-earnings ratio of 33.47 and a beta of 2.01.

SPDR S&P Semiconductor ETF Profile

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.