Beacon Financial Advisory LLC Buys 111 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Beacon Financial Advisory LLC boosted its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXXFree Report) by 3.2% during the fourth quarter, Holdings Channel reports. The firm owned 3,559 shares of the exchange traded fund’s stock after purchasing an additional 111 shares during the quarter. Beacon Financial Advisory LLC’s holdings in iShares Semiconductor ETF were worth $767,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Global Trust Asset Management LLC bought a new position in shares of iShares Semiconductor ETF in the 3rd quarter worth approximately $27,000. RPg Family Wealth Advisory LLC purchased a new stake in iShares Semiconductor ETF in the 3rd quarter worth approximately $33,000. Truvestments Capital LLC bought a new stake in iShares Semiconductor ETF during the 3rd quarter worth approximately $35,000. Hollencrest Capital Management raised its stake in iShares Semiconductor ETF by 56.1% during the 3rd quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 60 shares during the period. Finally, Morse Asset Management Inc purchased a new position in iShares Semiconductor ETF during the third quarter valued at approximately $42,000.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ SOXX opened at $220.59 on Thursday. iShares Semiconductor ETF has a 1 year low of $192.87 and a 1 year high of $267.24. The firm has a fifty day moving average price of $220.84 and a 200-day moving average price of $222.90. The stock has a market cap of $13.71 billion, a PE ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a $0.3578 dividend. The ex-dividend date was Tuesday, December 17th.

About iShares Semiconductor ETF

(Free Report)

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).

Further Reading

Want to see what other hedge funds are holding SOXX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Semiconductor ETF (NASDAQ:SOXXFree Report).

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

Receive News & Ratings for iShares Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.