SPDR S&P Semiconductor ETF (NYSEARCA:XSD) Reaches New 1-Year High – Time to Buy?

SPDR S&P Semiconductor ETF (NYSEARCA:XSD)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $374.05 and last traded at $370.51, with a volume of 10862 shares. The stock had previously closed at $364.29.

SPDR S&P Semiconductor ETF Stock Performance

The stock has a fifty day moving average price of $343.48 and a 200-day moving average price of $336.97. The firm has a market cap of $1.83 billion, a PE ratio of 33.47 and a beta of 1.65.

Institutional Trading of SPDR S&P Semiconductor ETF

Several large investors have recently bought and sold shares of XSD. MMA Asset Management LLC acquired a new position in shares of SPDR S&P Semiconductor ETF in the 3rd quarter valued at approximately $32,000. CIBC Private Wealth Group LLC acquired a new stake in shares of SPDR S&P Semiconductor ETF during the 3rd quarter valued at approximately $32,000. Valley National Advisers Inc. acquired a new stake in SPDR S&P Semiconductor ETF in the fourth quarter worth $33,000. Strategic Advocates LLC increased its position in SPDR S&P Semiconductor ETF by 71.0% in the fourth quarter. Strategic Advocates LLC now owns 106 shares of the company’s stock worth $34,000 after buying an additional 44 shares during the period. Finally, Bessemer Group Inc. increased its position in SPDR S&P Semiconductor ETF by 98.2% in the third quarter. Bessemer Group Inc. now owns 111 shares of the company’s stock worth $35,000 after buying an additional 55 shares during the period.

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.