Beacon Financial Planning Inc. Boosts Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Beacon Financial Planning Inc. grew its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 4.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,945 shares of the exchange traded fund’s stock after purchasing an additional 550 shares during the quarter. iShares Semiconductor ETF makes up 1.5% of Beacon Financial Planning Inc.’s investment portfolio, making the stock its 16th largest holding. Beacon Financial Planning Inc.’s holdings in iShares Semiconductor ETF were worth $2,574,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Global Trust Asset Management LLC purchased a new stake in iShares Semiconductor ETF in the third quarter worth $27,000. RPg Family Wealth Advisory LLC bought a new position in shares of iShares Semiconductor ETF during the 3rd quarter worth $33,000. Truvestments Capital LLC purchased a new stake in iShares Semiconductor ETF in the 3rd quarter worth about $35,000. Hollencrest Capital Management raised its stake in iShares Semiconductor ETF by 56.1% in the 3rd quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 60 shares during the period. Finally, Morse Asset Management Inc purchased a new stake in iShares Semiconductor ETF during the third quarter valued at about $42,000.

iShares Semiconductor ETF Stock Up 1.0 %

SOXX opened at $216.40 on Wednesday. The firm has a 50-day moving average price of $220.68 and a 200-day moving average price of $222.91. iShares Semiconductor ETF has a twelve month low of $192.87 and a twelve month high of $267.24. The company has a market capitalization of $13.45 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.3578 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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).