Strategic Financial Concepts LLC Acquires New Stake in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Strategic Financial Concepts LLC bought a new position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 72,051 shares of the company’s stock, valued at approximately $17,901,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC raised its stake in shares of SPDR S&P Semiconductor ETF by 103,332.0% in the 3rd quarter. International Assets Investment Management LLC now owns 2,058,296 shares of the company’s stock worth $494,506,000 after buying an additional 2,056,306 shares in the last quarter. Raymond James & Associates raised its position in SPDR S&P Semiconductor ETF by 112.4% in the third quarter. Raymond James & Associates now owns 44,715 shares of the company’s stock worth $10,743,000 after acquiring an additional 23,662 shares in the last quarter. CacheTech Inc. lifted its holdings in SPDR S&P Semiconductor ETF by 11.3% in the 3rd quarter. CacheTech Inc. now owns 33,179 shares of the company’s stock valued at $7,971,000 after acquiring an additional 3,358 shares during the last quarter. MML Investors Services LLC boosted its position in shares of SPDR S&P Semiconductor ETF by 8.4% during the 3rd quarter. MML Investors Services LLC now owns 29,088 shares of the company’s stock valued at $6,988,000 after purchasing an additional 2,266 shares in the last quarter. Finally, Dale Q Rice Investment Management Ltd bought a new position in shares of SPDR S&P Semiconductor ETF during the 4th quarter valued at about $5,636,000.

SPDR S&P Semiconductor ETF Price Performance

NYSEARCA XSD opened at $242.25 on Friday. SPDR S&P Semiconductor ETF has a 12 month low of $199.09 and a 12 month high of $273.98. The company has a market capitalization of $1.53 billion, a P/E ratio of 24.64 and a beta of 1.96. The company’s 50 day simple moving average is $254.96 and its 200 day simple moving average is $241.49.

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.