SPDR S&P Semiconductor ETF (NYSEARCA:XSD) Hits New 12-Month High – Still a Buy?

SPDR S&P Semiconductor ETF (NYSEARCA:XSD) reached a new 52-week high during trading on Thursday . The company traded as high as $577.41 and last traded at $577.22, with a volume of 68477 shares changing hands. The stock had previously closed at $563.62.

SPDR S&P Semiconductor ETF Stock Performance

The stock’s 50-day moving average is $423.66 and its 200 day moving average is $368.12. The stock has a market capitalization of $3.06 billion, a PE ratio of 33.47 and a beta of 1.95.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Rockefeller Capital Management L.P. raised its position in SPDR S&P Semiconductor ETF by 0.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 3,596 shares of the company’s stock worth $1,157,000 after acquiring an additional 30 shares during the last quarter. NFSG Corp raised its position in SPDR S&P Semiconductor ETF by 4.9% during the first quarter. NFSG Corp now owns 744 shares of the company’s stock worth $243,000 after acquiring an additional 35 shares during the last quarter. Beaumont Asset Management L.L.C. raised its position in SPDR S&P Semiconductor ETF by 0.4% during the first quarter. Beaumont Asset Management L.L.C. now owns 11,369 shares of the company’s stock worth $3,708,000 after acquiring an additional 40 shares during the last quarter. Private Trust Co. NA raised its position in SPDR S&P Semiconductor ETF by 28.0% during the fourth quarter. Private Trust Co. NA now owns 192 shares of the company’s stock worth $62,000 after acquiring an additional 42 shares during the last quarter. Finally, Strategic Advocates LLC raised its position in 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 acquiring an additional 44 shares during the last quarter.

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.