SPDR S&P Semiconductor ETF (NYSEARCA:XSD) Reaches New 12-Month High – Time to Buy?

SPDR S&P Semiconductor ETF (NYSEARCA:XSD) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $635.13 and last traded at $632.23, with a volume of 137796 shares changing hands. The stock had previously closed at $603.93.

SPDR S&P Semiconductor ETF Stock Up 1.5%

The firm has a market cap of $3.20 billion, a P/E ratio of 33.47 and a beta of 1.95. The stock’s 50-day simple moving average is $447.04 and its 200 day simple moving average is $376.44.

Institutional Trading of SPDR S&P Semiconductor ETF

Institutional investors have 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 during the first quarter valued at about $26,000. MMA Asset Management LLC acquired a new position in shares of SPDR S&P Semiconductor ETF during the third quarter valued at about $32,000. CIBC Private Wealth Group LLC acquired a new position in shares of SPDR S&P Semiconductor ETF during the third quarter valued at about $32,000. Glenmede Trust Co. NA acquired a new position in shares of SPDR S&P Semiconductor ETF during the first quarter valued at about $33,000. Finally, Valley National Advisers Inc. acquired a new position in shares of SPDR S&P Semiconductor ETF during the fourth quarter valued at about $33,000.

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.