Gateway Wealth Partners LLC Purchases 46 Shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Gateway Wealth Partners LLC grew its position in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 4.7% in the 3rd quarter, Holdings Channel reports. The firm owned 1,019 shares of the company’s stock after acquiring an additional 46 shares during the quarter. Gateway Wealth Partners LLC’s holdings in SPDR S&P Semiconductor ETF were worth $245,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. McClarren Financial Advisors Inc. raised its holdings in 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 last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SPDR S&P Semiconductor ETF in the 2nd quarter valued at $67,000. Comerica Bank increased its stake in shares of SPDR S&P Semiconductor ETF by 35.2% in the 1st quarter. Comerica Bank now owns 296 shares of the company’s stock valued at $69,000 after acquiring an additional 77 shares in the last quarter. Lynx Investment Advisory bought a new stake in shares of SPDR S&P Semiconductor ETF in the 2nd quarter valued at $100,000. Finally, HBW Advisory Services LLC bought a new stake in shares of SPDR S&P Semiconductor ETF in the 3rd quarter valued at $154,000.

SPDR S&P Semiconductor ETF Stock Up 2.3 %

NYSEARCA:XSD opened at $252.50 on Wednesday. The company has a fifty day moving average of $235.01 and a 200-day moving average of $237.15. The firm has a market capitalization of $1.60 billion, a P/E ratio of 24.64 and a beta of 1.96. SPDR S&P Semiconductor ETF has a twelve month low of $165.00 and a twelve month 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.