BNP Paribas Financial Markets Trims Stock Position in SPDR S&P Semiconductor ETF $XSD

BNP Paribas Financial Markets cut its position in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 49.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 25,275 shares of the company’s stock after selling 25,100 shares during the quarter. BNP Paribas Financial Markets’ holdings in SPDR S&P Semiconductor ETF were worth $8,128,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. CIBC Private Wealth Group LLC purchased a new stake in shares of SPDR S&P Semiconductor ETF in the 3rd quarter valued at approximately $32,000. Valley National Advisers Inc. purchased a new stake in shares of SPDR S&P Semiconductor ETF in the 4th quarter valued at approximately $33,000. Bessemer Group Inc. raised its stake in shares of SPDR S&P Semiconductor ETF by 98.2% in the 3rd quarter. Bessemer Group Inc. now owns 111 shares of the company’s stock valued at $35,000 after acquiring an additional 55 shares during the period. Sunbelt Securities Inc. raised its stake in shares of SPDR S&P Semiconductor ETF by 120.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 110 shares of the company’s stock valued at $35,000 after acquiring an additional 60 shares during the period. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of SPDR S&P Semiconductor ETF in the 4th quarter valued at approximately $38,000.

SPDR S&P Semiconductor ETF Stock Performance

SPDR S&P Semiconductor ETF stock opened at $577.40 on Wednesday. The company’s 50 day simple moving average is $492.22 and its 200-day simple moving average is $393.26. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 33.47 and a beta of 2.00. SPDR S&P Semiconductor ETF has a 1 year low of $237.16 and a 1 year high of $658.14.

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.