Proficio Capital Partners LLC Makes New Investment in SPDR S&P Semiconductor ETF $XSD

Proficio Capital Partners LLC bought a new position in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) in the second quarter, HoldingsChannel reports. The firm bought 16,726 shares of the company’s stock, valued at approximately $10,432,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Advocacy Wealth Management LLC purchased a new stake in shares of SPDR S&P Semiconductor ETF in the 2nd quarter worth about $3,641,262,000. JNBA Financial Advisors acquired a new stake in SPDR S&P Semiconductor ETF during the second quarter worth approximately $713,599,000. Oarsman Capital Inc. purchased a new stake in shares of SPDR S&P Semiconductor ETF in the second quarter valued at $582,363,000. Rehmann Capital Advisory Group purchased a new stake in SPDR S&P Semiconductor ETF in the 2nd quarter valued at about $223,207,000. Finally, Strategic Advisors LLC purchased a new stake in SPDR S&P Semiconductor ETF in the second quarter valued at approximately $80,836,000.

SPDR S&P Semiconductor ETF Trading Up 0.7%

XSD stock opened at $485.14 on Tuesday. The stock has a 50-day moving average price of $528.62 and a two-hundred day moving average price of $477.85. The company has a market cap of $2.70 billion, a PE 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.

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.