HighTower Advisors LLC Cuts Position in SPDR S&P Semiconductor ETF $XSD

HighTower Advisors LLC decreased its holdings in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 2.9% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 14,580 shares of the company’s stock after selling 435 shares during the period. HighTower Advisors LLC’s holdings in SPDR S&P Semiconductor ETF were worth $2,927,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of XSD. PSI Advisors LLC raised its holdings in SPDR S&P Semiconductor ETF by 97.3% in the first quarter. PSI Advisors LLC now owns 221 shares of the company’s stock valued at $44,000 after buying an additional 109 shares during the period. NBC Securities Inc. purchased a new stake in shares of SPDR S&P Semiconductor ETF during the first quarter valued at approximately $64,000. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in shares of SPDR S&P Semiconductor ETF during the fourth quarter valued at approximately $65,000. GAMMA Investing LLC raised its stake in shares of SPDR S&P Semiconductor ETF by 19,966.7% during the first quarter. GAMMA Investing LLC now owns 602 shares of the company’s stock valued at $121,000 after purchasing an additional 599 shares during the period. Finally, HBW Advisory Services LLC purchased a new stake in shares of SPDR S&P Semiconductor ETF during the first quarter valued at approximately $128,000.

SPDR S&P Semiconductor ETF Stock Up 4.2%

XSD opened at $286.03 on Friday. The firm has a market capitalization of $1.39 billion, a P/E ratio of 33.47 and a beta of 1.41. The firm’s 50 day moving average is $265.05 and its 200-day moving average is $232.63. SPDR S&P Semiconductor ETF has a 52-week low of $156.77 and a 52-week high of $288.45.

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.