Raymond James Financial Inc. Takes $13.98 Million Position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Raymond James Financial Inc. acquired a new stake in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 56,274 shares of the company’s stock, valued at approximately $13,981,000. Raymond James Financial Inc. owned about 0.89% of SPDR S&P Semiconductor ETF at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Vision Financial Markets LLC bought a new stake in shares of SPDR S&P Semiconductor ETF in the 4th quarter valued at approximately $29,000. Assetmark Inc. purchased a new position in SPDR S&P Semiconductor ETF during the 4th quarter valued at $28,000. Steward Partners Investment Advisory LLC boosted its holdings in SPDR S&P Semiconductor ETF by 7.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,230 shares of the company’s stock valued at $554,000 after acquiring an additional 159 shares during the period. Jones Financial Companies Lllp boosted its holdings in SPDR S&P Semiconductor ETF by 560.8% during the 4th quarter. Jones Financial Companies Lllp now owns 2,577 shares of the company’s stock valued at $640,000 after acquiring an additional 2,187 shares during the period. Finally, Modera Wealth Management LLC purchased a new position in SPDR S&P Semiconductor ETF during the 4th quarter valued at $324,000.

SPDR S&P Semiconductor ETF Stock Down 1.6 %

XSD opened at $219.60 on Wednesday. The business has a fifty day moving average of $241.03 and a 200 day moving average of $241.69. SPDR S&P Semiconductor ETF has a 52-week low of $199.09 and a 52-week high of $273.98. The stock has a market cap of $1.16 billion, a P/E ratio of 27.37 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.