CacheTech Inc. Increases Stock Position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

CacheTech Inc. lifted its holdings in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 11.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 33,179 shares of the company’s stock after acquiring an additional 3,358 shares during the quarter. SPDR S&P Semiconductor ETF makes up about 1.7% of CacheTech Inc.’s holdings, making the stock its 16th largest holding. CacheTech Inc.’s holdings in SPDR S&P Semiconductor ETF were worth $7,971,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. International Assets Investment Management LLC lifted its position in shares of SPDR S&P Semiconductor ETF by 103,332.0% in the 3rd quarter. International Assets Investment Management LLC now owns 2,058,296 shares of the company’s stock worth $494,506,000 after purchasing an additional 2,056,306 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of SPDR S&P Semiconductor ETF by 0.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 133,808 shares of the company’s stock worth $33,115,000 after purchasing an additional 682 shares during the period. Strategic Financial Concepts LLC purchased a new stake in shares of SPDR S&P Semiconductor ETF in the 2nd quarter worth approximately $16,660,000. Raymond James & Associates lifted its position in shares of SPDR S&P Semiconductor ETF by 112.4% in the 3rd quarter. Raymond James & Associates now owns 44,715 shares of the company’s stock worth $10,743,000 after purchasing an additional 23,662 shares during the period. Finally, Osaic Holdings Inc. lifted its position in shares of SPDR S&P Semiconductor ETF by 3.0% in the 1st quarter. Osaic Holdings Inc. now owns 43,463 shares of the company’s stock worth $10,093,000 after purchasing an additional 1,251 shares during the period.

SPDR S&P Semiconductor ETF Stock Performance

Shares of XSD opened at $234.42 on Friday. The stock has a market capitalization of $1.48 billion, a PE ratio of 24.64 and a beta of 1.96. The company has a 50 day moving average price of $234.96 and a 200-day moving average price of $237.23. SPDR S&P Semiconductor ETF has a fifty-two week low of $171.68 and a fifty-two week high of $273.98.

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.