SPDR S&P Semiconductor ETF (NYSEARCA:XSD) Sets New 1-Year Low – Here’s Why

SPDR S&P Semiconductor ETF (NYSEARCA:XSD) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $193.80 and last traded at $197.51, with a volume of 7962 shares. The stock had previously closed at $202.10.

SPDR S&P Semiconductor ETF Stock Up 0.4 %

The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of 25.18 and a beta of 1.49. The company’s 50 day moving average price is $232.41 and its 200 day moving average price is $241.07.

SPDR S&P Semiconductor ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were paid a $0.1999 dividend. This is a positive change from SPDR S&P Semiconductor ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Trading of SPDR S&P Semiconductor ETF

Large investors have recently added to or reduced their stakes in the company. PSI Advisors LLC lifted its holdings in shares of SPDR S&P Semiconductor ETF by 86.7% during the fourth quarter. PSI Advisors LLC now owns 112 shares of the company’s stock worth $28,000 after purchasing an additional 52 shares during the period. Assetmark Inc. purchased a new position in SPDR S&P Semiconductor ETF during the 4th quarter worth approximately $28,000. Vision Financial Markets LLC acquired a new stake in SPDR S&P Semiconductor ETF during the 4th quarter valued at approximately $29,000. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in shares of SPDR S&P Semiconductor ETF in the 4th quarter valued at $65,000. Finally, Wingate Wealth Advisors Inc. purchased a new stake in shares of SPDR S&P Semiconductor ETF in the 4th quarter valued at $87,000.

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.