Bank of Montreal Can Decreases Stock Position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Bank of Montreal Can trimmed its position in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 1.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,792 shares of the company’s stock after selling 128 shares during the period. Bank of Montreal Can owned approximately 0.12% of SPDR S&P Semiconductor ETF worth $1,891,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. McClarren Financial Advisors Inc. raised its holdings in 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 acquiring an additional 229 shares in the last quarter. Comerica Bank lifted its position in shares of SPDR S&P Semiconductor ETF by 35.2% during the first quarter. Comerica Bank now owns 296 shares of the company’s stock worth $69,000 after purchasing an additional 77 shares during the last quarter. HBW Advisory Services LLC acquired a new position in SPDR S&P Semiconductor ETF in the third quarter worth about $154,000. WMG Financial Advisors LLC bought a new stake in SPDR S&P Semiconductor ETF in the second quarter valued at about $212,000. Finally, Kovack Advisors Inc. acquired a new stake in SPDR S&P Semiconductor ETF during the third quarter valued at approximately $230,000.

SPDR S&P Semiconductor ETF Stock Down 2.1 %

NYSEARCA:XSD opened at $253.34 on Friday. The company has a market cap of $1.60 billion, a PE ratio of 24.64 and a beta of 1.96. The business’s 50 day moving average is $241.36 and its two-hundred day moving average is $240.29. SPDR S&P Semiconductor ETF has a 52 week low of $197.67 and a 52 week high of $273.98.

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.