Traynor Capital Management Inc. Purchases 2,176 Shares of iShares PHLX Semiconductor ETF (NASDAQ:SOXX)

Traynor Capital Management Inc. increased its position in iShares PHLX Semiconductor ETF (NASDAQ:SOXX) by 81.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,850 shares of the exchange traded fund’s stock after purchasing an additional 2,176 shares during the period. Traynor Capital Management Inc. owned approximately 0.06% of iShares PHLX Semiconductor ETF worth $986,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Advisors Preferred LLC bought a new position in iShares PHLX Semiconductor ETF during the 1st quarter valued at about $26,813,000. First Republic Investment Management Inc. lifted its stake in shares of iShares PHLX Semiconductor ETF by 5.7% in the 1st quarter. First Republic Investment Management Inc. now owns 100,962 shares of the exchange traded fund’s stock worth $19,136,000 after purchasing an additional 5,436 shares during the period. BlackRock Inc. lifted its stake in shares of iShares PHLX Semiconductor ETF by 12.7% in the 4th quarter. BlackRock Inc. now owns 69,979 shares of the exchange traded fund’s stock worth $10,980,000 after purchasing an additional 7,884 shares during the period. First National Corp MA ADV lifted its stake in shares of iShares PHLX Semiconductor ETF by 25.9% in the 1st quarter. First National Corp MA ADV now owns 52,880 shares of the exchange traded fund’s stock worth $294,000 after purchasing an additional 10,868 shares during the period. Finally, Sigma Planning Corp lifted its stake in shares of iShares PHLX Semiconductor ETF by 1,722.3% in the 1st quarter. Sigma Planning Corp now owns 28,574 shares of the exchange traded fund’s stock worth $5,416,000 after purchasing an additional 27,006 shares during the period.

Shares of NASDAQ:SOXX traded down $0.65 during trading on Wednesday, hitting $195.49. The company’s stock had a trading volume of 25,997 shares, compared to its average volume of 741,771. The company has a 50-day simple moving average of $202.75. iShares PHLX Semiconductor ETF has a 12 month low of $144.79 and a 12 month high of $220.82.

iShares PHLX Semiconductor ETF Profile

iShares PHLX Semiconductor ETF, formerly iShares PHLX SOX Semiconductor Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the United States-listed semiconductor stocks as represented by the PHLX Semiconductor Sector Index (the Index).

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Institutional Ownership by Quarter for iShares PHLX Semiconductor ETF (NASDAQ:SOXX)

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