M Holdings Securities Inc. Makes New $22.09 Million Investment in SPDR S&P Semiconductor ETF $XSD

M Holdings Securities Inc. bought a new stake in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 35,412 shares of the company’s stock, valued at approximately $22,086,000. SPDR S&P Semiconductor ETF makes up 2.9% of M Holdings Securities Inc.’s holdings, making the stock its 6th biggest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Turtle Creek Wealth Advisors LLC acquired a new stake in SPDR S&P Semiconductor ETF during the 1st quarter worth about $26,000. CIBC Private Wealth Group LLC purchased a new position in shares of SPDR S&P Semiconductor ETF in the third quarter worth approximately $32,000. Glenmede Trust Co. NA acquired a new stake in shares of SPDR S&P Semiconductor ETF during the first quarter valued at approximately $33,000. Strategic Advocates LLC lifted its position in shares of SPDR S&P Semiconductor ETF by 71.0% in the 4th quarter. Strategic Advocates LLC now owns 106 shares of the company’s stock valued at $34,000 after acquiring an additional 44 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its stake in SPDR S&P Semiconductor ETF by 120.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 110 shares of the company’s stock worth $35,000 after purchasing an additional 60 shares during the period.

SPDR S&P Semiconductor ETF Price Performance

XSD stock opened at $481.84 on Monday. SPDR S&P Semiconductor ETF has a 12-month low of $276.00 and a 12-month high of $658.14. The company has a market cap of $2.68 billion, a price-to-earnings ratio of 33.47 and a beta of 2.01. The company has a 50 day moving average of $531.89 and a two-hundred day moving average of $476.98.

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.