Avantax Advisory Services Inc. Purchases 280 Shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Avantax Advisory Services Inc. boosted its position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 8.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,716 shares of the company’s stock after buying an additional 280 shares during the quarter. Avantax Advisory Services Inc.’s holdings in SPDR S&P Semiconductor ETF were worth $923,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Wealthfront Advisers LLC purchased a new position in shares of SPDR S&P Semiconductor ETF in the fourth quarter worth about $10,768,000. PNC Financial Services Group Inc. increased its stake in SPDR S&P Semiconductor ETF by 2.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 68,485 shares of the company’s stock worth $17,015,000 after purchasing an additional 1,484 shares during the period. Raymond James Financial Inc. bought a new stake in SPDR S&P Semiconductor ETF in the fourth quarter valued at approximately $13,981,000. Vision Financial Markets LLC purchased a new stake in shares of SPDR S&P Semiconductor ETF during the fourth quarter valued at approximately $29,000. Finally, Assetmark Inc. purchased a new stake in shares of SPDR S&P Semiconductor ETF during the fourth quarter valued at approximately $28,000.

SPDR S&P Semiconductor ETF Stock Down 1.5 %

Shares of NYSEARCA XSD opened at $218.72 on Friday. The firm’s fifty day moving average is $239.61 and its 200 day moving average is $241.40. SPDR S&P Semiconductor ETF has a 52 week low of $199.09 and a 52 week high of $273.98. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 27.37 and a beta of 1.41.

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.