Dale Q Rice Investment Management Ltd Invests $5.64 Million in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Dale Q Rice Investment Management Ltd purchased a new stake in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 22,685 shares of the company’s stock, valued at approximately $5,636,000. SPDR S&P Semiconductor ETF makes up 2.5% of Dale Q Rice Investment Management Ltd’s investment portfolio, making the stock its 9th largest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Gateway Wealth Partners LLC boosted its position in SPDR S&P Semiconductor ETF by 4.7% in the 3rd quarter. Gateway Wealth Partners LLC now owns 1,019 shares of the company’s stock valued at $245,000 after buying an additional 46 shares during the last quarter. Guerra Pan Advisors LLC lifted its stake in shares of SPDR S&P Semiconductor ETF by 4.4% in the third quarter. Guerra Pan Advisors LLC now owns 1,218 shares of the company’s stock worth $293,000 after acquiring an additional 51 shares in the last quarter. PSI Advisors LLC lifted its stake in shares of SPDR S&P Semiconductor ETF by 86.7% in the fourth quarter. PSI Advisors LLC now owns 112 shares of the company’s stock worth $28,000 after acquiring an additional 52 shares in the last quarter. Creative Planning boosted its holdings in SPDR S&P Semiconductor ETF by 1.7% in the third quarter. Creative Planning now owns 3,775 shares of the company’s stock valued at $907,000 after purchasing an additional 64 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV grew its stake in SPDR S&P Semiconductor ETF by 0.8% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 10,180 shares of the company’s stock valued at $2,446,000 after purchasing an additional 82 shares in the last quarter.

SPDR S&P Semiconductor ETF Stock Down 0.9 %

XSD stock opened at $247.75 on Tuesday. The company has a market capitalization of $1.57 billion, a PE ratio of 24.64 and a beta of 1.96. The stock’s 50 day moving average is $249.56 and its two-hundred day moving average is $241.72. SPDR S&P Semiconductor ETF has a 52-week low of $199.09 and a 52-week high of $273.98.

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.