Montz Harcus Wealth Management LLC Takes $28.77 Million Position in SPDR S&P Semiconductor ETF $XSD

Montz Harcus Wealth Management LLC acquired a new position in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 46,126 shares of the company’s stock, valued at approximately $28,769,000. SPDR S&P Semiconductor ETF makes up about 9.4% of Montz Harcus Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Advocacy Wealth Management LLC acquired a new position in SPDR S&P Semiconductor ETF during the 2nd quarter valued at about $3,641,262,000. JNBA Financial Advisors acquired a new stake in SPDR S&P Semiconductor ETF in the second quarter worth about $713,599,000. Oarsman Capital Inc. purchased a new stake in shares of SPDR S&P Semiconductor ETF during the second quarter worth about $582,363,000. Rodgers & Associates LTD purchased a new stake in shares of SPDR S&P Semiconductor ETF during the second quarter worth about $253,998,000. Finally, Rehmann Capital Advisory Group acquired a new position in shares of SPDR S&P Semiconductor ETF during the second quarter valued at about $223,207,000.

SPDR S&P Semiconductor ETF Stock Up 0.3%

Shares of SPDR S&P Semiconductor ETF stock opened at $478.52 on Friday. The firm has a market capitalization of $2.67 billion, a P/E ratio of 33.47 and a beta of 2.01. The company has a 50 day moving average price of $521.37 and a 200 day moving average price of $480.23. SPDR S&P Semiconductor ETF has a 52 week low of $280.21 and a 52 week high of $658.14.

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.