SPDR S&P Semiconductor ETF (NYSEARCA:XSD) Sets New 52-Week High – Here’s What Happened

SPDR S&P Semiconductor ETF (NYSEARCA:XSD)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $488.32 and last traded at $488.09, with a volume of 169545 shares trading hands. The stock had previously closed at $465.20.

SPDR S&P Semiconductor ETF Stock Up 4.9%

The stock’s fifty day moving average price is $365.29 and its two-hundred day moving average price is $347.83. The company has a market capitalization of $2.50 billion, a PE ratio of 33.47 and a beta of 1.65.

Institutional Trading of SPDR S&P Semiconductor ETF

A number of institutional investors have recently modified their holdings of XSD. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Semiconductor ETF during the first quarter worth about $26,000. MMA Asset Management LLC purchased a new stake in shares of SPDR S&P Semiconductor ETF during the third quarter worth about $32,000. CIBC Private Wealth Group LLC purchased a new stake in shares of SPDR S&P Semiconductor ETF during the third quarter worth about $32,000. Valley National Advisers Inc. purchased a new stake in shares of SPDR S&P Semiconductor ETF during the fourth quarter worth about $33,000. Finally, Strategic Advocates LLC boosted its holdings in shares of SPDR S&P Semiconductor ETF by 71.0% during the fourth quarter. Strategic Advocates LLC now owns 106 shares of the company’s stock worth $34,000 after purchasing an additional 44 shares during the period.

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.