Concurrent Investment Advisors LLC Increases Stock Holdings in SPDR S&P Semiconductor ETF $XSD

Concurrent Investment Advisors LLC boosted its stake in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 690.9% during the second quarter, Holdings Channel.com reports. The fund owned 11,793 shares of the company’s stock after purchasing an additional 10,302 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in SPDR S&P Semiconductor ETF were worth $7,355,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in XSD. World Investment Advisors lifted its holdings in SPDR S&P Semiconductor ETF by 116.1% during the fourth quarter. World Investment Advisors now owns 2,905 shares of the company’s stock valued at $934,000 after purchasing an additional 1,561 shares in the last quarter. Ruggiero Investments Inc. purchased a new stake in shares of SPDR S&P Semiconductor ETF during the fourth quarter worth about $456,000. Nwam LLC purchased a new stake in shares of SPDR S&P Semiconductor ETF during the second quarter worth about $9,579,000. Vertex Investment Solutions Co. Ltd. purchased a new stake in shares of SPDR S&P Semiconductor ETF during the first quarter worth about $1,387,000. Finally, SMI Advisory Services LLC acquired a new position in shares of SPDR S&P Semiconductor ETF during the 2nd quarter worth about $20,604,000.

SPDR S&P Semiconductor ETF Trading Up 2.7%

Shares of SPDR S&P Semiconductor ETF stock opened at $491.45 on Friday. The firm has a market capitalization of $2.74 billion, a PE ratio of 33.47 and a beta of 2.01. SPDR S&P Semiconductor ETF has a twelve month low of $280.83 and a twelve month high of $658.14. The firm’s 50-day moving average price is $519.76 and its 200 day moving average price is $480.31.

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.