FOCUS Wealth Advisors LLC Invests $4.68 Million in SPDR S&P Semiconductor ETF $XSD

FOCUS Wealth Advisors LLC bought a new position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 7,506 shares of the company’s stock, valued at approximately $4,682,000. SPDR S&P Semiconductor ETF makes up about 2.2% of FOCUS Wealth Advisors LLC’s investment portfolio, making the stock its 16th biggest position. FOCUS Wealth Advisors LLC owned 0.13% of SPDR S&P Semiconductor ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. CoreCap Advisors LLC grew its position in SPDR S&P Semiconductor ETF by 4.3% in the second quarter. CoreCap Advisors LLC now owns 29,770 shares of the company’s stock worth $18,567,000 after buying an additional 1,229 shares during the last quarter. Glenmede Trust Co. NA acquired a new stake in shares of SPDR S&P Semiconductor ETF during the 1st quarter valued at $33,000. Western Wealth Management LLC acquired a new stake in shares of SPDR S&P Semiconductor ETF during the 1st quarter valued at $61,000. Royal Bank of Canada boosted its stake in shares of SPDR S&P Semiconductor ETF by 64.1% during the 1st quarter. Royal Bank of Canada now owns 26,453 shares of the company’s stock worth $8,627,000 after acquiring an additional 10,336 shares in the last quarter. Finally, Gateway Wealth Partners LLC boosted its stake in shares of SPDR S&P Semiconductor ETF by 88.6% during the 1st quarter. Gateway Wealth Partners LLC now owns 1,794 shares of the company’s stock worth $585,000 after acquiring an additional 843 shares in the last quarter.

SPDR S&P Semiconductor ETF Stock Down 3.1%

Shares of NYSEARCA XSD opened at $509.13 on Thursday. The stock’s fifty day simple moving average is $564.44 and its 200 day simple moving average is $457.78. The stock has a market capitalization of $2.84 billion, a price-to-earnings ratio of 33.47 and a beta of 2.01. SPDR S&P Semiconductor ETF has a 52-week low of $264.27 and a 52-week high of $658.14.

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.