GM Advisory Group LLC Raises Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

GM Advisory Group LLC increased its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 4.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 96,078 shares of the exchange traded fund’s stock after acquiring an additional 4,171 shares during the period. iShares Semiconductor ETF makes up about 1.3% of GM Advisory Group LLC’s holdings, making the stock its 22nd biggest position. GM Advisory Group LLC owned 0.15% of iShares Semiconductor ETF worth $22,155,000 at the end of the most recent reporting period.

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

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ:SOXX opened at $216.08 on Friday. The firm has a fifty day moving average of $226.06 and a 200 day moving average of $231.38. iShares Semiconductor ETF has a 52-week low of $167.64 and a 52-week high of $267.24. The firm has a market capitalization of $13.86 billion, a PE ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Announces Dividend

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