Baird Financial Group Inc. Sells 1,627 Shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Baird Financial Group Inc. lowered its holdings in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 7.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 18,965 shares of the company’s stock after selling 1,627 shares during the period. Baird Financial Group Inc. owned about 0.30% of SPDR S&P Semiconductor ETF worth $4,712,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in XSD. JPMorgan Chase & Co. increased its holdings in shares of SPDR S&P Semiconductor ETF by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 2,269 shares of the company’s stock worth $545,000 after buying an additional 244 shares during the period. PSI Advisors LLC grew its position in SPDR S&P Semiconductor ETF by 86.7% during the 4th quarter. PSI Advisors LLC now owns 112 shares of the company’s stock worth $28,000 after acquiring an additional 52 shares during the last quarter. Dale Q Rice Investment Management Ltd purchased a new position in SPDR S&P Semiconductor ETF in the 4th quarter worth approximately $5,636,000. Mutual Advisors LLC bought a new stake in SPDR S&P Semiconductor ETF in the fourth quarter valued at approximately $376,000. Finally, Juncture Wealth Strategies LLC boosted its stake in shares of SPDR S&P Semiconductor ETF by 4.5% during the fourth quarter. Juncture Wealth Strategies LLC now owns 1,255 shares of the company’s stock valued at $312,000 after purchasing an additional 54 shares during the period.

SPDR S&P Semiconductor ETF Stock Up 1.7 %

Shares of NYSEARCA XSD opened at $210.70 on Friday. The firm’s fifty day moving average is $197.45 and its 200 day moving average is $230.27. SPDR S&P Semiconductor ETF has a 52 week low of $156.78 and a 52 week high of $273.98. The company has a market cap of $1.11 billion, a price-to-earnings ratio of 21.66 and a beta of 1.49.

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.