BNP Paribas Financial Markets Grows Position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

BNP Paribas Financial Markets lifted its stake in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 4,068.4% during the third quarter, Holdings Channel reports. The fund owned 792 shares of the company’s stock after purchasing an additional 773 shares during the quarter. BNP Paribas Financial Markets’ holdings in SPDR S&P Semiconductor ETF were worth $190,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in XSD. McClarren Financial Advisors Inc. grew its position in shares of SPDR S&P Semiconductor ETF by 1,272.2% in the second quarter. McClarren Financial Advisors Inc. now owns 247 shares of the company’s stock valued at $61,000 after purchasing an additional 229 shares during the period. HBW Advisory Services LLC acquired a new stake in SPDR S&P Semiconductor ETF in the 3rd quarter worth about $154,000. WMG Financial Advisors LLC purchased a new stake in SPDR S&P Semiconductor ETF in the 2nd quarter valued at about $212,000. Kovack Advisors Inc. acquired a new position in shares of SPDR S&P Semiconductor ETF during the 3rd quarter valued at about $230,000. Finally, Gateway Wealth Partners LLC lifted its holdings in shares of SPDR S&P Semiconductor ETF by 4.7% during the 3rd quarter. Gateway Wealth Partners LLC now owns 1,019 shares of the company’s stock worth $245,000 after acquiring an additional 46 shares during the period.

SPDR S&P Semiconductor ETF Stock Performance

SPDR S&P Semiconductor ETF stock opened at $259.30 on Wednesday. The company has a market cap of $1.64 billion, a price-to-earnings ratio of 24.64 and a beta of 1.96. SPDR S&P Semiconductor ETF has a 1 year low of $199.09 and a 1 year high of $273.98. The firm has a 50 day moving average price of $244.94 and a 200 day moving average price of $241.07.

SPDR S&P Semiconductor ETF Company 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.