CacheTech Inc. Has $8.71 Million Stock Position in SPDR S&P Semiconductor ETF $XSD

CacheTech Inc. lowered its holdings in shares of SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 8.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,946 shares of the company’s stock after selling 3,169 shares during the quarter. SPDR S&P Semiconductor ETF comprises about 1.6% of CacheTech Inc.’s investment portfolio, making the stock its 16th biggest position. CacheTech Inc.’s holdings in SPDR S&P Semiconductor ETF were worth $8,708,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of XSD. BNP Paribas Financial Markets boosted its holdings in SPDR S&P Semiconductor ETF by 47.8% in the second quarter. BNP Paribas Financial Markets now owns 75,597 shares of the company’s stock worth $19,391,000 after purchasing an additional 24,465 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of SPDR S&P Semiconductor ETF by 19.3% in the first quarter. Goldman Sachs Group Inc. now owns 66,372 shares of the company’s stock worth $13,326,000 after buying an additional 10,760 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in shares of SPDR S&P Semiconductor ETF by 1,917.6% during the 1st quarter. Jones Financial Companies Lllp now owns 51,993 shares of the company’s stock worth $10,439,000 after acquiring an additional 49,416 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of SPDR S&P Semiconductor ETF by 8.2% during the 2nd quarter. Cetera Investment Advisers now owns 48,939 shares of the company’s stock worth $12,553,000 after acquiring an additional 3,690 shares in the last quarter. Finally, McGuire Investment Group LLC increased its holdings in shares of SPDR S&P Semiconductor ETF by 1.1% during the 2nd quarter. McGuire Investment Group LLC now owns 41,905 shares of the company’s stock valued at $10,749,000 after acquiring an additional 471 shares during the last quarter.

SPDR S&P Semiconductor ETF Stock Performance

Shares of XSD stock opened at $328.13 on Monday. The stock’s 50 day simple moving average is $331.09 and its 200 day simple moving average is $294.04. SPDR S&P Semiconductor ETF has a twelve month low of $156.77 and a twelve month high of $358.86. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 33.47 and a beta of 1.60.

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.