LPL Financial LLC Grows Stake in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

LPL Financial LLC lifted its position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 34.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 271,068 shares of the company’s stock after purchasing an additional 70,116 shares during the quarter. LPL Financial LLC owned about 4.29% of SPDR S&P Semiconductor ETF worth $67,347,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. PSI Advisors LLC increased its stake in SPDR S&P Semiconductor ETF by 86.7% in the 4th quarter. PSI Advisors LLC now owns 112 shares of the company’s stock worth $28,000 after acquiring an additional 52 shares during the last quarter. Assetmark Inc. bought a new position in shares of SPDR S&P Semiconductor ETF in the fourth quarter worth approximately $28,000. Vision Financial Markets LLC purchased a new stake in SPDR S&P Semiconductor ETF in the fourth quarter valued at approximately $29,000. Wingate Wealth Advisors Inc. bought a new stake in SPDR S&P Semiconductor ETF during the fourth quarter valued at approximately $87,000. Finally, IFP Advisors Inc lifted its position in SPDR S&P Semiconductor ETF by 58.0% during the fourth quarter. IFP Advisors Inc now owns 354 shares of the company’s stock valued at $88,000 after purchasing an additional 130 shares during the last quarter.

SPDR S&P Semiconductor ETF Price Performance

Shares of NYSEARCA:XSD opened at $216.90 on Thursday. The company’s fifty day moving average price is $237.15 and its 200-day moving average price is $241.43. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 27.37 and a beta of 1.41. SPDR S&P Semiconductor ETF has a one year low of $199.09 and a one year high of $273.98.

SPDR S&P Semiconductor ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were paid a $0.1999 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from SPDR S&P Semiconductor ETF’s previous dividend of $0.13.

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.