Kovack Advisors Inc. Has $311,000 Stock Holdings in SPDR S&P Semiconductor ETF (NYSEARCA:XSD)

Kovack Advisors Inc. increased its holdings in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) by 30.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,253 shares of the company’s stock after purchasing an additional 295 shares during the period. Kovack Advisors Inc.’s holdings in SPDR S&P Semiconductor ETF were worth $311,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. PSI Advisors LLC boosted its stake in SPDR S&P Semiconductor ETF by 86.7% in the fourth quarter. PSI Advisors LLC now owns 112 shares of the company’s stock valued at $28,000 after acquiring an additional 52 shares during the last quarter. Wingate Wealth Advisors Inc. acquired a new stake in SPDR S&P Semiconductor ETF in the fourth quarter worth $87,000. IFP Advisors Inc raised its holdings in SPDR S&P Semiconductor ETF by 58.0% in the fourth quarter. IFP Advisors Inc now owns 354 shares of the company’s stock worth $88,000 after purchasing an additional 130 shares during the period. Collier Financial acquired a new stake in shares of SPDR S&P Semiconductor ETF during the fourth quarter worth $100,000. Finally, Golden State Wealth Management LLC acquired a new stake in shares of SPDR S&P Semiconductor ETF during the fourth quarter worth $142,000.

SPDR S&P Semiconductor ETF Stock Up 2.0 %

Shares of NYSEARCA:XSD opened at $226.68 on Friday. SPDR S&P Semiconductor ETF has a 12 month low of $199.09 and a 12 month high of $273.98. The company’s fifty day simple moving average is $250.36 and its 200 day simple moving average is $243.06. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of 29.37 and a beta of 1.37.

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.