Arkansas Financial Group Inc. Reduces Stock Position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Arkansas Financial Group Inc. cut its holdings in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 7.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 4,594 shares of the company’s stock after selling 390 shares during the period. Arkansas Financial Group Inc.’s holdings in SPDR S&P Semiconductor ETF were worth $1,141,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in XSD. International Assets Investment Management LLC lifted its stake in SPDR S&P Semiconductor ETF by 103,332.0% during the third 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 last quarter. Raymond James & Associates lifted its position in shares of SPDR S&P Semiconductor ETF by 112.4% during the 3rd quarter. Raymond James & Associates now owns 44,715 shares of the company’s stock worth $10,743,000 after buying an additional 23,662 shares during the last quarter. CacheTech Inc. boosted its holdings in shares of SPDR S&P Semiconductor ETF by 11.3% in the 3rd quarter. CacheTech Inc. now owns 33,179 shares of the company’s stock valued at $7,971,000 after buying an additional 3,358 shares in the last quarter. MML Investors Services LLC grew its position in shares of SPDR S&P Semiconductor ETF by 8.4% in the 3rd quarter. MML Investors Services LLC now owns 29,088 shares of the company’s stock valued at $6,988,000 after buying an additional 2,266 shares during the last quarter. Finally, Dale Q Rice Investment Management Ltd acquired a new stake in SPDR S&P Semiconductor ETF during the 4th quarter worth $5,636,000.

SPDR S&P Semiconductor ETF Price Performance

NYSEARCA XSD opened at $270.08 on Friday. The company has a fifty day moving average of $252.08 and a two-hundred day moving average of $242.28. SPDR S&P Semiconductor ETF has a 1 year low of $199.09 and a 1 year high of $273.98. The company has a market capitalization of $1.71 billion, a PE ratio of 24.64 and a beta of 1.96.

SPDR S&P Semiconductor ETF Company 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.