Gerber Kawasaki Wealth & Investment Management Cuts Position in SPDR S&P Semiconductor ETF $XSD

Gerber Kawasaki Wealth & Investment Management lessened its position in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 5.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,602 shares of the company’s stock after selling 410 shares during the quarter. Gerber Kawasaki Wealth & Investment Management owned about 0.15% of SPDR S&P Semiconductor ETF worth $1,526,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its holdings in SPDR S&P Semiconductor ETF by 2.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,154 shares of the company’s stock valued at $535,000 after buying an additional 53 shares in the last quarter. Jericho Financial LLP boosted its holdings in shares of SPDR S&P Semiconductor ETF by 5.8% in the 1st quarter. Jericho Financial LLP now owns 1,196 shares of the company’s stock worth $240,000 after purchasing an additional 66 shares during the period. Safe Harbor Fiduciary LLC boosted its holdings in shares of SPDR S&P Semiconductor ETF by 1.2% in the 4th quarter. Safe Harbor Fiduciary LLC now owns 5,848 shares of the company’s stock worth $1,453,000 after purchasing an additional 70 shares during the period. AGP Franklin LLC boosted its holdings in shares of SPDR S&P Semiconductor ETF by 4.1% in the 1st quarter. AGP Franklin LLC now owns 1,982 shares of the company’s stock worth $398,000 after purchasing an additional 78 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of SPDR S&P Semiconductor ETF by 2.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,594 shares of the company’s stock worth $922,000 after purchasing an additional 98 shares during the period.

SPDR S&P Semiconductor ETF Stock Performance

Shares of SPDR S&P Semiconductor ETF stock opened at $288.74 on Thursday. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 33.47 and a beta of 1.41. The stock has a 50 day moving average price of $267.58 and a 200-day moving average price of $233.44. SPDR S&P Semiconductor ETF has a one year low of $156.77 and a one year high of $289.88.

SPDR S&P Semiconductor ETF 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.