Financial Management Professionals Inc. Has $876,000 Stock Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Financial Management Professionals Inc. boosted its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 182.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,877 shares of the exchange traded fund’s stock after purchasing an additional 2,506 shares during the period. Financial Management Professionals Inc.’s holdings in iShares Semiconductor ETF were worth $876,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Financial Synergies Wealth Advisors Inc. raised its stake in iShares Semiconductor ETF by 200.0% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 114 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 76 shares during the last quarter. Signaturefd LLC purchased a new position in iShares Semiconductor ETF during the fourth quarter worth about $29,000. Macroview Investment Management LLC raised its position in iShares Semiconductor ETF by 307.7% in the fourth quarter. Macroview Investment Management LLC now owns 53 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 40 shares during the period. GAMMA Investing LLC bought a new stake in iShares Semiconductor ETF in the fourth quarter worth about $36,000. Finally, Tortoise Investment Management LLC bought a new stake in iShares Semiconductor ETF in the fourth quarter worth about $36,000.

iShares Semiconductor ETF Stock Up 1.0 %

NASDAQ SOXX opened at $246.63 on Friday. iShares Semiconductor ETF has a 12-month low of $144.40 and a 12-month high of $260.65. The company’s 50 day moving average is $232.78 and its 200-day moving average is $215.70. The firm has a market cap of $14.27 billion, a P/E ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued a $0.3103 dividend. This represents a $1.24 annualized dividend and a yield of 0.50%. The ex-dividend date of this dividend was Tuesday, June 11th.

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).