Capital Wealth Management LLC Invests $63.59 Million in SPDR S&P Semiconductor ETF $XSD

Capital Wealth Management LLC purchased a new stake in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 101,953 shares of the company’s stock, valued at approximately $63,588,000. SPDR S&P Semiconductor ETF makes up 13.2% of Capital Wealth Management LLC’s holdings, making the stock its largest position. Capital Wealth Management LLC owned 1.83% of SPDR S&P Semiconductor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in XSD. Turtle Creek Wealth Advisors LLC bought a new position in SPDR S&P Semiconductor ETF during the 1st quarter worth $26,000. CIBC Private Wealth Group LLC bought a new stake in shares of SPDR S&P Semiconductor ETF during the 3rd quarter valued at $32,000. Glenmede Trust Co. NA acquired a new stake in shares of SPDR S&P Semiconductor ETF during the 1st quarter worth $33,000. Strategic Advocates LLC increased its position in shares of SPDR S&P Semiconductor ETF by 71.0% in the fourth quarter. Strategic Advocates LLC now owns 106 shares of the company’s stock worth $34,000 after purchasing an additional 44 shares during the period. Finally, Sunbelt Securities Inc. increased its position in shares of SPDR S&P Semiconductor ETF by 120.0% in 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 Stock Down 2.5%

XSD opened at $472.93 on Wednesday. SPDR S&P Semiconductor ETF has a twelve month low of $276.00 and a twelve month high of $658.14. The company has a 50-day simple moving average of $526.01 and a 200 day simple moving average of $478.59. The stock has a market capitalization of $2.63 billion, a price-to-earnings ratio of 33.47 and a beta of 2.01.

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.