Modera Wealth Management LLC Buys 1,459 Shares of SPDR S&P Semiconductor ETF $XSD

Modera Wealth Management LLC purchased a new stake in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,459 shares of the company’s stock, valued at approximately $773,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Lodestone Wealth Management LLC bought a new position in shares of SPDR S&P Semiconductor ETF during the 3rd quarter worth $40,000. Turtle Creek Wealth Advisors LLC bought a new stake in SPDR S&P Semiconductor ETF in the 1st quarter valued at about $26,000. Glenmede Trust Co. NA bought a new stake in SPDR S&P Semiconductor ETF in the 1st quarter valued at about $33,000. Vision Financial Markets LLC bought a new stake in SPDR S&P Semiconductor ETF in the 3rd quarter valued at about $62,000. Finally, Western Wealth Management LLC purchased a new stake in SPDR S&P Semiconductor ETF during the first quarter valued at about $61,000.

SPDR S&P Semiconductor ETF Stock Down 2.6%

XSD opened at $440.17 on Tuesday. The company has a market capitalization of $2.37 billion, a price-to-earnings ratio of 33.47 and a beta of 2.03. The firm has a 50-day moving average price of $498.30 and a 200-day moving average price of $470.38. SPDR S&P Semiconductor ETF has a twelve month low of $280.83 and a twelve month high of $658.14.

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.