Saxony Capital Management LLC decreased its stake in SPDR S&P Semiconductor ETF (NYSEARCA:XSD – Free Report) by 99.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 404 shares of the company’s stock after selling 40,231 shares during the period. Saxony Capital Management LLC’s holdings in SPDR S&P Semiconductor ETF were worth $214,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently made changes to their positions in XSD. Lodestone Wealth Management LLC purchased a new position in shares of SPDR S&P Semiconductor ETF during the 3rd quarter valued at about $40,000. B. Riley Wealth Advisors Inc. bought a new position in shares of SPDR S&P Semiconductor ETF during the 3rd quarter valued at approximately $275,000. Sage Capital Advisors llc grew its stake in shares of SPDR S&P Semiconductor ETF by 0.3% during the 3rd quarter. Sage Capital Advisors llc now owns 10,532 shares of the company’s stock valued at $5,578,000 after acquiring an additional 28 shares during the period. Kaizen Financial Strategies raised its stake in SPDR S&P Semiconductor ETF by 4.9% during the 3rd quarter. Kaizen Financial Strategies now owns 2,140 shares of the company’s stock worth $1,133,000 after acquiring an additional 100 shares during the period. Finally, Acropolis Investment Management LLC bought a new stake in SPDR S&P Semiconductor ETF during the 3rd quarter worth approximately $172,000.
SPDR S&P Semiconductor ETF Stock Down 4.2%
NYSEARCA:XSD traded down $20.44 during trading hours on Friday, hitting $462.03. 463,857 shares of the stock traded hands, compared to its average volume of 94,611. SPDR S&P Semiconductor ETF has a 1 year low of $280.83 and a 1 year high of $658.14. The company has a market cap of $2.64 billion, a price-to-earnings ratio of 33.47 and a beta of 2.03. The stock has a 50 day moving average price of $510.09 and a 200 day moving average price of $516.63.
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.
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