Financial Advocates Investment Management Lowers Holdings in SPDR S&P Semiconductor ETF (XSD)

Financial Advocates Investment Management cut its position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 39.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,087 shares of the company’s stock after selling 2,611 shares during the quarter. Financial Advocates Investment Management owned about 0.13% of SPDR S&P Semiconductor ETF worth $125,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Private Advisor Group LLC purchased a new stake in shares of SPDR S&P Semiconductor ETF in the third quarter worth approximately $268,000. Commonwealth Equity Services LLC lifted its position in shares of SPDR S&P Semiconductor ETF by 21.6% in the third quarter. Commonwealth Equity Services LLC now owns 21,181 shares of the company’s stock worth $1,607,000 after purchasing an additional 3,759 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of SPDR S&P Semiconductor ETF by 11.8% in the third quarter. JPMorgan Chase & Co. now owns 13,546 shares of the company’s stock worth $1,028,000 after purchasing an additional 1,433 shares in the last quarter. MML Investors Services LLC purchased a new stake in shares of SPDR S&P Semiconductor ETF in the third quarter worth approximately $242,000. Finally, FMR LLC purchased a new stake in shares of SPDR S&P Semiconductor ETF in the third quarter worth approximately $100,000.

NYSEARCA XSD opened at $78.73 on Friday. SPDR S&P Semiconductor ETF has a 52-week low of $60.13 and a 52-week high of $82.11.

The business also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Tuesday, March 19th were given a $0.0962 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 0.49%. The ex-dividend date of this dividend was Monday, March 18th.

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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.

Further Reading: Derivative

Want to see what other hedge funds are holding XSD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Semiconductor ETF (NYSEARCA:XSD).

Institutional Ownership by Quarter for SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

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