SPDR S&P Semiconductor ETF (NYSEARCA:XSD) is MGB Wealth Management LLC’s 4th Largest Position

MGB Wealth Management LLC grew its position in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 0.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,699 shares of the company’s stock after acquiring an additional 60 shares during the quarter. SPDR S&P Semiconductor ETF accounts for approximately 2.9% of MGB Wealth Management LLC’s portfolio, making the stock its 4th largest holding. MGB Wealth Management LLC owned about 0.49% of SPDR S&P Semiconductor ETF worth $7,123,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. ICA Group Wealth Management LLC bought a new stake in SPDR S&P Semiconductor ETF during the fourth quarter worth $28,000. McClarren Financial Advisors Inc. raised its stake in shares of SPDR S&P Semiconductor ETF by 1,194.4% during the 1st quarter. McClarren Financial Advisors Inc. now owns 233 shares of the company’s stock worth $54,000 after purchasing an additional 215 shares during the period. Signaturefd LLC boosted its holdings in shares of SPDR S&P Semiconductor ETF by 159.6% in the 4th quarter. Signaturefd LLC now owns 244 shares of the company’s stock worth $55,000 after buying an additional 150 shares during the last quarter. Pineridge Advisors LLC bought a new position in SPDR S&P Semiconductor ETF during the fourth quarter valued at about $65,000. Finally, Spire Wealth Management increased its holdings in SPDR S&P Semiconductor ETF by 32.7% during the fourth quarter. Spire Wealth Management now owns 849 shares of the company’s stock worth $188,000 after buying an additional 209 shares during the last quarter.

SPDR S&P Semiconductor ETF Stock Performance

XSD stock traded up $4.47 during mid-day trading on Friday, hitting $267.46. The company had a trading volume of 12,337 shares, compared to its average volume of 45,233. The firm has a market cap of $1.69 billion, a PE ratio of 24.64 and a beta of 1.96. SPDR S&P Semiconductor ETF has a 12 month low of $165.00 and a 12 month high of $269.43. The stock’s fifty day moving average price is $245.78 and its two-hundred day moving average price is $229.88.

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.