SPDR S&P Semiconductor ETF (NYSEARCA:XSD) Sees Unusually-High Trading Volume

SPDR S&P Semiconductor ETF (NYSEARCA:XSD) shares saw an uptick in trading volume on Thursday . 2,936 shares changed hands during mid-day trading, a decline of 97% from the previous session’s volume of 108,011 shares.The stock last traded at $233.70 and had previously closed at $229.71.

The stock’s 50 day moving average is $238.23 and its two-hundred day moving average is $212.71.

A number of hedge funds and other institutional investors have recently made changes to their positions in XSD. Selective Wealth Management Inc. boosted its stake in shares of SPDR S&P Semiconductor ETF by 50.0% during the 3rd quarter. Selective Wealth Management Inc. now owns 150 shares of the company’s stock worth $30,000 after buying an additional 50 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of SPDR S&P Semiconductor ETF by 94.0% during the 3rd quarter. Geneos Wealth Management Inc. now owns 194 shares of the company’s stock worth $38,000 after buying an additional 94 shares during the last quarter. Koshinski Asset Management Inc. acquired a new position in shares of SPDR S&P Semiconductor ETF during the 4th quarter worth about $59,000. Spire Wealth Management boosted its stake in shares of SPDR S&P Semiconductor ETF by 141.8% during the 3rd quarter. Spire Wealth Management now owns 295 shares of the company’s stock worth $58,000 after buying an additional 173 shares during the last quarter. Finally, Ibex Wealth Advisors acquired a new position in shares of SPDR S&P Semiconductor ETF during the 3rd quarter worth about $59,000.

About SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

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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