Envestnet Asset Management Inc. Sells 12,054 Shares of SPDR S&P Semiconductor ETF $XSD

Envestnet Asset Management Inc. decreased its stake in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 34.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,479 shares of the company’s stock after selling 12,054 shares during the period. Envestnet Asset Management Inc. owned about 0.43% of SPDR S&P Semiconductor ETF worth $7,173,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in XSD. BNP Paribas Financial Markets grew its position in SPDR S&P Semiconductor ETF by 47.8% in the second quarter. BNP Paribas Financial Markets now owns 75,597 shares of the company’s stock worth $19,391,000 after acquiring an additional 24,465 shares in the last quarter. Vicus Capital lifted its stake in SPDR S&P Semiconductor ETF by 1,254.2% during the third quarter. Vicus Capital now owns 12,147 shares of the company’s stock worth $3,876,000 after purchasing an additional 11,250 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of SPDR S&P Semiconductor ETF by 19.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 66,372 shares of the company’s stock worth $13,326,000 after purchasing an additional 10,760 shares in the last quarter. Sandler Capital Management bought a new position in shares of SPDR S&P Semiconductor ETF during the 2nd quarter valued at about $2,309,000. Finally, Royal Bank of Canada increased its position in shares of SPDR S&P Semiconductor ETF by 27.9% during the 1st quarter. Royal Bank of Canada now owns 35,986 shares of the company’s stock valued at $7,225,000 after purchasing an additional 7,852 shares during the last quarter.

SPDR S&P Semiconductor ETF Price Performance

NYSEARCA:XSD opened at $356.98 on Friday. The company has a market capitalization of $1.76 billion, a price-to-earnings ratio of 33.47 and a beta of 1.60. The business has a 50 day moving average of $345.70 and a 200 day moving average of $325.21. SPDR S&P Semiconductor ETF has a 1-year low of $156.77 and a 1-year high of $373.89.

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.