SPDR S&P Semiconductor ETF (NYSEARCA:XSD) Sets New 12-Month High – Here’s What Happened

SPDR S&P Semiconductor ETF (NYSEARCA:XSD)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $435.90 and last traded at $430.75, with a volume of 58803 shares changing hands. The stock had previously closed at $423.65.

SPDR S&P Semiconductor ETF Stock Performance

The company’s 50-day moving average price is $351.20 and its two-hundred day moving average price is $341.65. The stock has a market cap of $2.14 billion, a PE ratio of 33.47 and a beta of 1.65.

Hedge Funds Weigh In On SPDR S&P Semiconductor ETF

Large investors have recently added to or reduced their stakes in the business. Regent Peak Wealth Advisors LLC purchased a new position in SPDR S&P Semiconductor ETF in the 3rd quarter worth $1,125,000. Constant Guidance Financial LLC purchased a new position in SPDR S&P Semiconductor ETF in the 3rd quarter worth $4,192,000. Vicus Capital raised its position in SPDR S&P Semiconductor ETF by 13.7% in the 4th quarter. Vicus Capital now owns 13,814 shares of the company’s stock worth $4,443,000 after purchasing an additional 1,667 shares during the period. PNC Financial Services Group Inc. raised its position in SPDR S&P Semiconductor ETF by 15.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 77,590 shares of the company’s stock worth $24,761,000 after purchasing an additional 10,253 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in SPDR S&P Semiconductor ETF in the 3rd quarter worth $622,000.

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.