Sharper & Granite LLC Sells 8,045 Shares of SPDR S&P Semiconductor ETF $XSD

Sharper & Granite LLC lowered its position in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 60.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 5,240 shares of the company’s stock after selling 8,045 shares during the quarter. Sharper & Granite LLC’s holdings in SPDR S&P Semiconductor ETF were worth $2,775,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Advocacy Wealth Management LLC purchased a new position in shares of SPDR S&P Semiconductor ETF in the second quarter valued at about $3,641,262,000. JNBA Financial Advisors purchased a new stake in shares of SPDR S&P Semiconductor ETF during the second quarter worth about $713,599,000. Oarsman Capital Inc. bought a new stake in shares of SPDR S&P Semiconductor ETF in the second quarter worth about $582,363,000. Rodgers & Associates LTD bought a new stake in shares of SPDR S&P Semiconductor ETF in the second quarter worth about $253,998,000. Finally, Rehmann Capital Advisory Group bought a new stake in shares of SPDR S&P Semiconductor ETF in the second quarter worth about $223,207,000.

SPDR S&P Semiconductor ETF Price Performance

NYSEARCA:XSD traded up $22.75 during mid-day trading on Friday, reaching $415.88. 340,695 shares of the company’s stock traded hands, compared to its average volume of 96,681. SPDR S&P Semiconductor ETF has a 12-month low of $280.83 and a 12-month high of $658.14. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of 33.47 and a beta of 2.06. The company has a 50 day moving average price of $493.17 and a 200-day moving average price of $471.87.

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.