Kovack Advisors Inc. Invests $230,000 in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Kovack Advisors Inc. purchased a new stake in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 958 shares of the company’s stock, valued at approximately $230,000.

Other institutional investors have also recently modified their holdings of the company. Guerra Pan Advisors LLC boosted its holdings in SPDR S&P Semiconductor ETF by 4.4% during the third quarter. Guerra Pan Advisors LLC now owns 1,218 shares of the company’s stock worth $293,000 after buying an additional 51 shares in the last quarter. Jmac Enterprises LLC boosted its stake in shares of SPDR S&P Semiconductor ETF by 5.5% during the 3rd quarter. Jmac Enterprises LLC now owns 19,158 shares of the company’s stock worth $4,603,000 after acquiring an additional 996 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of SPDR S&P Semiconductor ETF by 3.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 18,410 shares of the company’s stock worth $4,423,000 after acquiring an additional 618 shares during the period. CacheTech Inc. increased its stake in SPDR S&P Semiconductor ETF by 11.3% in the 3rd quarter. CacheTech Inc. now owns 33,179 shares of the company’s stock valued at $7,971,000 after purchasing an additional 3,358 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its holdings in SPDR S&P Semiconductor ETF by 0.8% during the third quarter. Creative Financial Designs Inc. ADV now owns 10,180 shares of the company’s stock worth $2,446,000 after purchasing an additional 82 shares during the last quarter.

SPDR S&P Semiconductor ETF Stock Performance

XSD opened at $225.16 on Friday. SPDR S&P Semiconductor ETF has a one year low of $194.42 and a one year high of $273.98. The company has a market cap of $1.42 billion, a price-to-earnings ratio of 24.64 and a beta of 1.96. The business’s fifty day moving average is $236.60 and its two-hundred day moving average is $238.93.

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.