Clarus Wealth Advisors Acquires New Stake in SPDR S&P Semiconductor ETF $XSD

Clarus Wealth Advisors bought a new position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 24,629 shares of the company’s stock, valued at approximately $15,361,000. SPDR S&P Semiconductor ETF accounts for 5.6% of Clarus Wealth Advisors’ investment portfolio, making the stock its 2nd largest holding.

A number of other large investors have also recently added to or reduced their stakes in the company. Turtle Creek Wealth Advisors LLC bought a new position in SPDR S&P Semiconductor ETF during the 1st quarter worth about $26,000. CIBC Private Wealth Group LLC bought a new stake in shares of SPDR S&P Semiconductor ETF in the third quarter valued at about $32,000. Glenmede Trust Co. NA acquired a new position in shares of SPDR S&P Semiconductor ETF during the first quarter worth about $33,000. Strategic Advocates LLC boosted its position in shares of SPDR S&P Semiconductor ETF by 71.0% during 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, Sunbelt Securities Inc. boosted its position in shares of SPDR S&P Semiconductor ETF by 120.0% during the third quarter. Sunbelt Securities Inc. now owns 110 shares of the company’s stock worth $35,000 after buying an additional 60 shares during the period.

SPDR S&P Semiconductor ETF Stock Performance

NYSEARCA:XSD opened at $472.93 on Wednesday. The stock has a 50-day simple moving average of $526.01 and a 200 day simple moving average of $478.59. SPDR S&P Semiconductor ETF has a 52-week low of $276.00 and a 52-week high of $658.14. The company has a market cap of $2.63 billion, a PE ratio of 33.47 and a beta of 2.01.

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.