Jericho Financial LLP Makes New Investment in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Jericho Financial LLP bought a new position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 1,130 shares of the company’s stock, valued at approximately $281,000.

Other institutional investors have also recently bought and sold shares of the company. PSI Advisors LLC raised its stake in shares of SPDR S&P Semiconductor ETF by 86.7% in the 4th quarter. PSI Advisors LLC now owns 112 shares of the company’s stock valued at $28,000 after acquiring an additional 52 shares during the period. BNP Paribas Financial Markets raised its position in SPDR S&P Semiconductor ETF by 4,068.4% in the third quarter. BNP Paribas Financial Markets now owns 792 shares of the company’s stock valued at $190,000 after purchasing an additional 773 shares during the period. U.S. Capital Wealth Advisors LLC purchased a new position in SPDR S&P Semiconductor ETF in the fourth quarter valued at about $227,000. SeaBridge Investment Advisors LLC acquired a new position in shares of SPDR S&P Semiconductor ETF during the fourth quarter worth about $229,000. Finally, Kovack Advisors Inc. purchased a new stake in shares of SPDR S&P Semiconductor ETF in the third quarter worth about $230,000.

SPDR S&P Semiconductor ETF Stock Performance

XSD stock opened at $247.92 on Wednesday. The stock has a 50-day simple moving average of $254.63 and a 200-day simple moving average of $241.38. The firm has a market cap of $1.57 billion, a P/E ratio of 24.64 and a beta of 1.96. SPDR S&P Semiconductor ETF has a 1 year low of $199.09 and a 1 year high of $273.98.

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.