Envestnet Asset Management Inc. Has $33.12 Million Stock Holdings in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Envestnet Asset Management Inc. raised its stake in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 0.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 133,808 shares of the company’s stock after buying an additional 682 shares during the quarter. Envestnet Asset Management Inc. owned 2.12% of SPDR S&P Semiconductor ETF worth $33,115,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Global Assets Advisory LLC acquired a new position in SPDR S&P Semiconductor ETF in the 1st quarter valued at approximately $266,931,000. PNC Financial Services Group Inc. increased its stake in SPDR S&P Semiconductor ETF by 3.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 69,561 shares of the company’s stock valued at $15,637,000 after buying an additional 2,195 shares during the period. Strategic Financial Concepts LLC acquired a new position in SPDR S&P Semiconductor ETF in the 2nd quarter valued at approximately $16,660,000. Hobart Private Capital LLC increased its stake in SPDR S&P Semiconductor ETF by 0.3% in the 1st quarter. Hobart Private Capital LLC now owns 44,652 shares of the company’s stock valued at $10,364,000 after buying an additional 133 shares during the period. Finally, Osaic Holdings Inc. increased its stake in SPDR S&P Semiconductor ETF by 3.0% in the 1st quarter. Osaic Holdings Inc. now owns 43,463 shares of the company’s stock valued at $10,093,000 after buying an additional 1,251 shares during the period.

SPDR S&P Semiconductor ETF Stock Down 1.6 %

XSD stock opened at $231.06 on Friday. The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 24.64 and a beta of 1.96. The firm has a 50 day moving average of $231.87 and a two-hundred day moving average of $234.78. SPDR S&P Semiconductor ETF has a 12 month low of $165.00 and a 12 month 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.