NewEdge Advisors LLC increased its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX – Free Report) by 26.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,227 shares of the exchange traded fund’s stock after purchasing an additional 6,197 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Semiconductor ETF were worth $18,728,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SOXX. Centerpoint Advisory Group acquired a new position in shares of iShares Semiconductor ETF in the first quarter valued at approximately $474,000. Harmony Asset Management LLC acquired a new stake in iShares Semiconductor ETF during the fourth quarter worth approximately $978,000. Vise Technologies Inc. acquired a new stake in iShares Semiconductor ETF during the fourth quarter worth approximately $1,350,000. Simplex Trading LLC acquired a new stake in iShares Semiconductor ETF during the fourth quarter worth approximately $47,007,000. Finally, PSI Advisors LLC grew its stake in iShares Semiconductor ETF by 194.3% in the 4th quarter. PSI Advisors LLC now owns 6,355 shares of the exchange traded fund’s stock worth $1,914,000 after acquiring an additional 4,196 shares during the period.
iShares Semiconductor ETF Stock Performance
Shares of SOXX opened at $517.43 on Friday. The stock has a fifty day moving average of $531.35 and a two-hundred day moving average of $485.45. The company has a market capitalization of $46.39 billion, a PE ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a fifty-two week low of $254.16 and a fifty-two week high of $655.95.
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). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.
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