Forum Financial Management LP Invests $267,000 in SPDR S&P Semiconductor ETF $XSD

Forum Financial Management LP purchased a new position in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,041 shares of the company’s stock, valued at approximately $267,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bulwark Capital Corp bought a new position in shares of SPDR S&P Semiconductor ETF during the 2nd quarter worth $41,000. Ameritas Advisory Services LLC bought a new stake in SPDR S&P Semiconductor ETF during the second quarter valued at about $52,000. IFP Advisors Inc grew its stake in SPDR S&P Semiconductor ETF by 17.9% in the second quarter. IFP Advisors Inc now owns 264 shares of the company’s stock valued at $68,000 after purchasing an additional 40 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in SPDR S&P Semiconductor ETF in the first quarter valued at about $92,000. Finally, CWM LLC grew its stake in SPDR S&P Semiconductor ETF by 15.7% in the second quarter. CWM LLC now owns 383 shares of the company’s stock valued at $98,000 after purchasing an additional 52 shares during the last quarter.

SPDR S&P Semiconductor ETF Price Performance

XSD opened at $345.28 on Monday. The business’s 50-day moving average is $312.24 and its two-hundred day moving average is $263.03. SPDR S&P Semiconductor ETF has a 1 year low of $156.77 and a 1 year high of $354.52. The firm has a market capitalization of $1.79 billion, a PE ratio of 33.47 and a beta of 1.41.

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.