Sovran Advisors LLC Makes New $683,000 Investment in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Sovran Advisors LLC bought a new position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) in the 4th quarter, HoldingsChannel reports. The fund bought 2,736 shares of the company’s stock, valued at approximately $683,000.

A number of other institutional investors have also made changes to their positions in the company. PSI Advisors LLC lifted its stake in SPDR S&P Semiconductor ETF by 86.7% during the fourth quarter. PSI Advisors LLC now owns 112 shares of the company’s stock worth $28,000 after purchasing an additional 52 shares during the last quarter. Wingate Wealth Advisors Inc. acquired a new stake in shares of SPDR S&P Semiconductor ETF during the fourth quarter worth $87,000. Golden State Wealth Management LLC bought a new position in shares of SPDR S&P Semiconductor ETF in the 4th quarter worth about $142,000. BNP Paribas Financial Markets boosted its holdings in shares of SPDR S&P Semiconductor ETF by 4,068.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 792 shares of the company’s stock valued at $190,000 after buying an additional 773 shares during the period. Finally, U.S. Capital Wealth Advisors LLC bought a new stake in shares of SPDR S&P Semiconductor ETF during the 4th quarter valued at about $227,000.

SPDR S&P Semiconductor ETF Stock Down 0.9 %

XSD opened at $237.75 on Wednesday. The company’s 50-day moving average price is $254.59 and its 200 day moving average price is $241.30. SPDR S&P Semiconductor ETF has a fifty-two week low of $199.09 and a fifty-two week high of $273.98. The firm has a market cap of $1.50 billion, a price-to-earnings ratio of 24.64 and a beta of 1.96.

About SPDR S&P Semiconductor ETF

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.