International Assets Investment Management LLC trimmed its position in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD – Free Report) by 53.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 912 shares of the company’s stock after selling 1,038 shares during the quarter. International Assets Investment Management LLC’s holdings in SPDR S&P Semiconductor ETF were worth $293,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of the company. MMA Asset Management LLC purchased a new stake in SPDR S&P Semiconductor ETF in the 3rd quarter valued at $32,000. CIBC Private Wealth Group LLC purchased a new stake in SPDR S&P Semiconductor ETF in the 3rd quarter valued at $32,000. Valley National Advisers Inc. purchased a new stake in SPDR S&P Semiconductor ETF in the 4th quarter valued at $33,000. Bessemer Group Inc. raised its position in SPDR S&P Semiconductor ETF by 98.2% in the 3rd quarter. Bessemer Group Inc. now owns 111 shares of the company’s stock valued at $35,000 after buying an additional 55 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its position in SPDR S&P Semiconductor ETF by 120.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 110 shares of the company’s stock valued at $35,000 after buying an additional 60 shares during the last quarter.
SPDR S&P Semiconductor ETF Trading Down 4.3%
NYSEARCA XSD opened at $551.00 on Wednesday. The firm has a market capitalization of $2.79 billion, a P/E ratio of 33.47 and a beta of 1.95. The business has a fifty day simple moving average of $387.58 and a 200 day simple moving average of $356.31. SPDR S&P Semiconductor ETF has a 12 month low of $217.55 and a 12 month high of $575.49.
SPDR S&P Semiconductor ETF Company 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.
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