Affinity Wealth Management LLC Reduces Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Affinity Wealth Management LLC trimmed its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 99.1% in the 1st quarter, Holdings Channel reports. The institutional investor owned 1,261 shares of the exchange traded fund’s stock after selling 138,823 shares during the quarter. Affinity Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $237,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Savvy Advisors Inc. boosted its stake in iShares Semiconductor ETF by 1.1% during the fourth quarter. Savvy Advisors Inc. now owns 4,261 shares of the exchange traded fund’s stock worth $918,000 after buying an additional 46 shares during the period. First Heartland Consultants Inc. boosted its stake in iShares Semiconductor ETF by 1.7% during the fourth quarter. First Heartland Consultants Inc. now owns 3,248 shares of the exchange traded fund’s stock worth $700,000 after buying an additional 55 shares during the period. Syntegra Private Wealth Group LLC boosted its stake in iShares Semiconductor ETF by 4.2% during the fourth quarter. Syntegra Private Wealth Group LLC now owns 1,426 shares of the exchange traded fund’s stock worth $307,000 after buying an additional 58 shares during the period. Physician Wealth Advisors Inc. boosted its stake in iShares Semiconductor ETF by 5.8% during the fourth quarter. Physician Wealth Advisors Inc. now owns 1,078 shares of the exchange traded fund’s stock worth $232,000 after buying an additional 59 shares during the period. Finally, Roxbury Financial LLC boosted its stake in iShares Semiconductor ETF by 26.2% during the first quarter. Roxbury Financial LLC now owns 313 shares of the exchange traded fund’s stock worth $65,000 after buying an additional 65 shares during the period.

iShares Semiconductor ETF Stock Down 0.4%

NASDAQ SOXX opened at $215.89 on Friday. The company has a fifty day moving average of $189.38 and a two-hundred day moving average of $206.53. The firm has a market capitalization of $12.45 billion, a price-to-earnings ratio of 27.28 and a beta of 1.34. iShares Semiconductor ETF has a 52 week low of $148.31 and a 52 week high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were paid a dividend of $0.2611 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

iShares 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).