Bank of Montreal Can Has $1.96 Million Stock Holdings in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Bank of Montreal Can raised its stake in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 283.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 7,920 shares of the company’s stock after purchasing an additional 5,853 shares during the quarter. Bank of Montreal Can’s holdings in SPDR S&P Semiconductor ETF were worth $1,962,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Capital Market Strategies LLC grew its holdings in SPDR S&P Semiconductor ETF by 4.3% during the first quarter. Capital Market Strategies LLC now owns 1,205 shares of the company’s stock valued at $280,000 after purchasing an additional 50 shares during the last quarter. Regal Investment Advisors LLC grew its stake in shares of SPDR S&P Semiconductor ETF by 2.5% in the fourth quarter. Regal Investment Advisors LLC now owns 2,389 shares of the company’s stock worth $537,000 after acquiring an additional 59 shares during the last quarter. Comerica Bank grew its stake in shares of SPDR S&P Semiconductor ETF by 35.2% in the first quarter. Comerica Bank now owns 296 shares of the company’s stock worth $69,000 after acquiring an additional 77 shares during the last quarter. M3 Advisory Group LLC grew its stake in shares of SPDR S&P Semiconductor ETF by 7.8% in the second quarter. M3 Advisory Group LLC now owns 1,711 shares of the company’s stock worth $423,000 after acquiring an additional 124 shares during the last quarter. Finally, Hobart Private Capital LLC grew its stake in shares of SPDR S&P Semiconductor ETF by 0.3% in the first quarter. Hobart Private Capital LLC now owns 44,652 shares of the company’s stock worth $10,364,000 after acquiring an additional 133 shares during the last quarter.

SPDR S&P Semiconductor ETF Trading Up 1.8 %

Shares of SPDR S&P Semiconductor ETF stock opened at $238.25 on Friday. The company’s fifty day simple moving average is $228.33 and its 200-day simple moving average is $235.33. The company has a market cap of $1.51 billion, a price-to-earnings ratio of 24.64 and a beta of 1.96. SPDR S&P Semiconductor ETF has a 1 year low of $165.00 and a 1 year 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.