PNC Financial Services Group Inc. Sells 4,750 Shares of SPDR S&P Semiconductor ETF $XSD

PNC Financial Services Group Inc. decreased its position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 6.1% during the first quarter, Holdings Channel.com reports. The fund owned 73,344 shares of the company’s stock after selling 4,750 shares during the quarter. PNC Financial Services Group Inc.’s holdings in SPDR S&P Semiconductor ETF were worth $23,919,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Vicus Capital grew its stake in shares of SPDR S&P Semiconductor ETF by 13.7% in the fourth quarter. Vicus Capital now owns 13,814 shares of the company’s stock worth $4,443,000 after purchasing an additional 1,667 shares during the last quarter. World Investment Advisors raised its position in SPDR S&P Semiconductor ETF by 116.1% during the 4th quarter. World Investment Advisors now owns 2,905 shares of the company’s stock valued at $934,000 after purchasing an additional 1,561 shares during the last quarter. CoreCap Advisors LLC raised its position in SPDR S&P Semiconductor ETF by 8.9% during the 4th quarter. CoreCap Advisors LLC now owns 27,766 shares of the company’s stock valued at $8,929,000 after purchasing an additional 2,261 shares during the last quarter. Ruggiero Investments Inc. purchased a new stake in SPDR S&P Semiconductor ETF in the 4th quarter worth approximately $456,000. Finally, Clearwave Capital LLC purchased a new stake in SPDR S&P Semiconductor ETF in the 4th quarter worth approximately $306,000.

SPDR S&P Semiconductor ETF Stock Performance

XSD opened at $494.31 on Friday. The stock has a market capitalization of $2.77 billion, a PE ratio of 33.47 and a beta of 1.99. The stock’s 50 day moving average price is $579.57 and its 200-day moving average price is $449.07. SPDR S&P Semiconductor ETF has a 52-week low of $254.82 and a 52-week high of $658.14.

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.