Concentrum Wealth Management Makes New Investment in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Concentrum Wealth Management bought a new position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 1,004 shares of the company’s stock, valued at approximately $226,000.

A number of other hedge funds and other institutional investors have also modified their holdings of XSD. LPL Financial LLC grew its holdings in shares of SPDR S&P Semiconductor ETF by 4.2% during the 3rd quarter. LPL Financial LLC now owns 227,844 shares of the company’s stock worth $44,660,000 after purchasing an additional 9,133 shares during the period. Stratos Wealth Partners LTD. grew its holdings in shares of SPDR S&P Semiconductor ETF by 50.2% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 1,379 shares of the company’s stock worth $270,000 after purchasing an additional 461 shares during the period. Jmac Enterprises LLC grew its holdings in shares of SPDR S&P Semiconductor ETF by 0.9% during the 4th quarter. Jmac Enterprises LLC now owns 14,853 shares of the company’s stock worth $3,339,000 after purchasing an additional 128 shares during the period. Annapolis Financial Services LLC purchased a new position in shares of SPDR S&P Semiconductor ETF during the 3rd quarter worth $126,000. Finally, Envestnet Asset Management Inc. grew its holdings in shares of SPDR S&P Semiconductor ETF by 20.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 113,797 shares of the company’s stock worth $22,305,000 after purchasing an additional 19,240 shares during the period.

SPDR S&P Semiconductor ETF Stock Performance

Shares of NYSEARCA XSD traded up $2.87 during mid-day trading on Thursday, reaching $220.19. 12,498 shares of the company’s stock were exchanged, compared to its average volume of 48,640. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 24.64 and a beta of 1.96. SPDR S&P Semiconductor ETF has a 52-week low of $165.00 and a 52-week high of $241.72. The company’s 50-day moving average is $224.49 and its 200-day moving average is $212.08.

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.