First PREMIER Bank Purchases New Shares in SPDR S&P Semiconductor ETF $XSD

First PREMIER Bank acquired a new position in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 98,070 shares of the company’s stock, valued at approximately $61,166,000. SPDR S&P Semiconductor ETF accounts for approximately 8.9% of First PREMIER Bank’s holdings, making the stock its largest holding. First PREMIER Bank owned about 1.76% of SPDR S&P Semiconductor ETF at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Turtle Creek Wealth Advisors LLC acquired a new position in shares of SPDR S&P Semiconductor ETF in the first quarter worth about $26,000. 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. Glenmede Trust Co. NA acquired a new position in SPDR S&P Semiconductor ETF in the 1st quarter worth approximately $33,000. Strategic Advocates LLC boosted its stake in SPDR S&P Semiconductor ETF by 71.0% in the 4th quarter. Strategic Advocates LLC now owns 106 shares of the company’s stock worth $34,000 after purchasing an additional 44 shares during the period. Finally, Sunbelt Securities Inc. grew its position in SPDR S&P Semiconductor ETF by 120.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 110 shares of the company’s stock worth $35,000 after purchasing an additional 60 shares in the last quarter.

SPDR S&P Semiconductor ETF Stock Up 0.7%

Shares of NYSEARCA:XSD opened at $485.14 on Tuesday. The company’s fifty day moving average is $528.62 and its two-hundred day moving average is $477.85. The company has a market cap of $2.70 billion, a P/E ratio of 33.47 and a beta of 2.01. SPDR S&P Semiconductor ETF has a 12-month low of $276.00 and a 12-month high of $658.14.

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.