McGuire Investment Group LLC Cuts Stock Holdings in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

McGuire Investment Group LLC cut its stake in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 1.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 41,516 shares of the company’s stock after selling 732 shares during the period. SPDR S&P Semiconductor ETF accounts for approximately 1.4% of McGuire Investment Group LLC’s holdings, making the stock its 26th biggest holding. McGuire Investment Group LLC owned approximately 0.66% of SPDR S&P Semiconductor ETF worth $9,974,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Global Assets Advisory LLC purchased a new position in shares of SPDR S&P Semiconductor ETF in the 1st quarter valued at $266,931,000. Envestnet Asset Management Inc. grew its stake in shares of SPDR S&P Semiconductor ETF by 0.5% in the second quarter. Envestnet Asset Management Inc. now owns 133,808 shares of the company’s stock valued at $33,115,000 after buying an additional 682 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of SPDR S&P Semiconductor ETF by 3.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 69,561 shares of the company’s stock valued at $15,637,000 after buying an additional 2,195 shares in the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of SPDR S&P Semiconductor ETF in the second quarter valued at about $16,660,000. Finally, Hobart Private Capital LLC lifted its position in SPDR S&P Semiconductor ETF by 0.3% during the 1st quarter. Hobart Private Capital LLC now owns 44,652 shares of the company’s stock worth $10,364,000 after acquiring an additional 133 shares in the last quarter.

SPDR S&P Semiconductor ETF Stock Up 2.0 %

Shares of XSD traded up $4.86 during mid-day trading on Friday, reaching $244.57. 24,077 shares of the stock traded hands, compared to its average volume of 55,502. The firm has a market cap of $1.55 billion, a price-to-earnings ratio of 24.64 and a beta of 1.96. The stock has a fifty day simple moving average of $229.20 and a 200 day simple moving average of $235.95. SPDR S&P Semiconductor ETF has a 12-month low of $165.00 and a 12-month high of $273.98.

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.