Truist Financial Corp Sells 1,863 Shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Truist Financial Corp reduced its stake in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 12.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 12,802 shares of the company’s stock after selling 1,863 shares during the period. Truist Financial Corp’s holdings in SPDR S&P Semiconductor ETF were worth $2,534,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of XSD. Citigroup Inc. increased its stake in SPDR S&P Semiconductor ETF by 2.3% during the second quarter. Citigroup Inc. now owns 8,814 shares of the company’s stock worth $1,695,000 after acquiring an additional 196 shares during the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in shares of SPDR S&P Semiconductor ETF during the second quarter valued at approximately $429,000. National Asset Management Inc. purchased a new position in shares of SPDR S&P Semiconductor ETF during the second quarter valued at approximately $208,000. Gerber Kawasaki Wealth & Investment Management boosted its position in shares of SPDR S&P Semiconductor ETF by 25.5% during the second quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,304 shares of the company’s stock valued at $635,000 after buying an additional 671 shares during the period. Finally, Paradigm Financial Partners LLC purchased a new position in shares of SPDR S&P Semiconductor ETF during the second quarter valued at approximately $1,254,000.

Shares of NYSEARCA:XSD opened at $226.56 on Friday. SPDR S&P Semiconductor ETF has a 1 year low of $157.26 and a 1 year high of $250.82. The business has a 50 day simple moving average of $238.23 and a two-hundred day simple moving average of $212.71.

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.

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Institutional Ownership by Quarter for SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

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