Financial Management Professionals Inc. Has $962,000 Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Financial Management Professionals Inc. increased its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 8.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,171 shares of the exchange traded fund’s stock after purchasing an additional 336 shares during the quarter. Financial Management Professionals Inc.’s holdings in iShares Semiconductor ETF were worth $962,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Optimum Investment Advisors grew its holdings in iShares Semiconductor ETF by 56.3% during the 2nd quarter. Optimum Investment Advisors now owns 361 shares of the exchange traded fund’s stock worth $89,000 after acquiring an additional 130 shares during the period. LRI Investments LLC acquired a new position in iShares Semiconductor ETF in the first quarter valued at about $33,000. Atria Investments Inc boosted its holdings in iShares Semiconductor ETF by 220.1% during the first quarter. Atria Investments Inc now owns 10,509 shares of the exchange traded fund’s stock worth $2,374,000 after buying an additional 7,226 shares during the last quarter. Zhang Financial LLC acquired a new position in shares of iShares Semiconductor ETF during the 2nd quarter worth about $223,000. Finally, Brookstone Capital Management raised its position in shares of iShares Semiconductor ETF by 272.4% in the 1st quarter. Brookstone Capital Management now owns 8,229 shares of the exchange traded fund’s stock valued at $1,859,000 after acquiring an additional 6,019 shares during the period.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ SOXX opened at $229.58 on Friday. iShares Semiconductor ETF has a 52-week low of $144.40 and a 52-week high of $267.24. The stock has a market cap of $14.76 billion, a P/E ratio of 10.60 and a beta of 1.34. The firm has a 50 day moving average price of $226.35 and a 200 day moving average price of $230.13.

iShares Semiconductor ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a dividend of $0.5524 per share. The ex-dividend date was Wednesday, September 25th.

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).