GM Advisory Group LLC Acquires 4,171 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

GM Advisory Group LLC boosted its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 4.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 96,078 shares of the exchange traded fund’s stock after purchasing an additional 4,171 shares during the period. iShares Semiconductor ETF makes up 1.3% of GM Advisory Group LLC’s portfolio, making the stock its 22nd largest position. GM Advisory Group LLC’s holdings in iShares Semiconductor ETF were worth $22,155,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SOXX. Global Trust Asset Management LLC purchased a new stake in shares of iShares Semiconductor ETF during the third quarter valued at approximately $27,000. Transcendent Capital Group LLC purchased a new stake in iShares Semiconductor ETF in the second quarter worth $31,000. EverSource Wealth Advisors LLC boosted its holdings in iShares Semiconductor ETF by 84.0% in the second quarter. EverSource Wealth Advisors LLC now owns 138 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 63 shares in the last quarter. LRI Investments LLC purchased a new position in iShares Semiconductor ETF during the 1st quarter valued at $33,000. Finally, Cultivar Capital Inc. bought a new position in iShares Semiconductor ETF in the 2nd quarter worth $37,000.

iShares Semiconductor ETF Trading Up 1.6 %

Shares of SOXX opened at $216.08 on Friday. iShares Semiconductor ETF has a 1-year low of $167.64 and a 1-year high of $267.24. The firm’s 50-day moving average price is $226.06 and its 200-day moving average price is $231.38. The firm has a market capitalization of $13.86 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a dividend of $0.5524 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

iShares Semiconductor ETF Company 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).