Ameriprise Financial Inc. Reduces Position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Ameriprise Financial Inc. lessened its holdings in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 7.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,515 shares of the company’s stock after selling 6,181 shares during the period. Ameriprise Financial Inc. owned 1.16% of SPDR S&P Semiconductor ETF worth $18,274,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of XSD. Pennington Partners & CO. LLC acquired a new position in SPDR S&P Semiconductor ETF in the 4th quarter valued at about $233,000. Beacon Pointe Advisors LLC acquired a new position in SPDR S&P Semiconductor ETF in the 4th quarter valued at about $211,000. Marshall & Sterling Wealth Advisors Inc. acquired a new position in SPDR S&P Semiconductor ETF in the 4th quarter valued at about $65,000. Gerber Kawasaki Wealth & Investment Management boosted its holdings in SPDR S&P Semiconductor ETF by 3.8% in the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 8,012 shares of the company’s stock valued at $1,991,000 after purchasing an additional 296 shares during the last quarter. Finally, IHT Wealth Management LLC boosted its holdings in SPDR S&P Semiconductor ETF by 1.1% in the 4th quarter. IHT Wealth Management LLC now owns 5,348 shares of the company’s stock valued at $1,329,000 after purchasing an additional 60 shares during the last quarter.

SPDR S&P Semiconductor ETF Price Performance

NYSEARCA:XSD opened at $234.71 on Friday. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 27.03 and a beta of 1.49. The company’s 50-day moving average is $198.64 and its two-hundred day moving average is $230.00. SPDR S&P Semiconductor ETF has a 1-year low of $156.78 and a 1-year high of $273.98.

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.