Maxele Advisors LLC Makes New $2.94 Million Investment in iShares Semiconductor ETF $SOXX

Maxele Advisors LLC acquired a new stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 10,850 shares of the exchange traded fund’s stock, valued at approximately $2,942,000. iShares Semiconductor ETF accounts for 2.5% of Maxele Advisors LLC’s portfolio, making the stock its 11th largest holding.

Other large investors have also made changes to their positions in the company. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of iShares Semiconductor ETF in the third quarter worth $25,000. Johnson Financial Group Inc. acquired a new position in iShares Semiconductor ETF during the second quarter valued at $32,000. Financial Consulate Inc. purchased a new stake in iShares Semiconductor ETF in the third quarter valued at $34,000. Wellington Shields & Co. LLC purchased a new stake in iShares Semiconductor ETF in the third quarter valued at $41,000. Finally, Blue Trust Inc. grew its position in iShares Semiconductor ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 44 shares during the period.

iShares Semiconductor ETF Stock Performance

NASDAQ SOXX opened at $337.83 on Tuesday. The stock has a 50-day simple moving average of $344.45 and a two-hundred day simple moving average of $306.66. The firm has a market capitalization of $20.47 billion, a P/E ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a fifty-two week low of $148.31 and a fifty-two week high of $368.82.

About iShares Semiconductor ETF

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.