GM Advisory Group LLC Boosts Stock Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

GM Advisory Group LLC lifted its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 5.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 101,075 shares of the exchange traded fund’s stock after acquiring an additional 4,997 shares during the quarter. iShares Semiconductor ETF accounts for about 1.2% of GM Advisory Group LLC’s portfolio, making the stock its 22nd largest position. GM Advisory Group LLC owned 0.16% of iShares Semiconductor ETF worth $21,781,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Cyndeo Wealth Partners LLC increased its position in shares of iShares Semiconductor ETF by 1.5% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,704 shares of the exchange traded fund’s stock worth $798,000 after acquiring an additional 54 shares during the period. Syntegra Private Wealth Group LLC increased its position in shares of iShares Semiconductor ETF by 4.2% during the fourth quarter. Syntegra Private Wealth Group LLC now owns 1,426 shares of the exchange traded fund’s stock worth $307,000 after acquiring an additional 58 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of iShares Semiconductor ETF by 5.5% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,389 shares of the exchange traded fund’s stock worth $298,000 after acquiring an additional 72 shares during the period. Paragon Private Wealth Management LLC increased its position in shares of iShares Semiconductor ETF by 3.0% during the fourth quarter. Paragon Private Wealth Management LLC now owns 2,596 shares of the exchange traded fund’s stock worth $559,000 after acquiring an additional 75 shares during the period. Finally, Lowery Thomas LLC increased its position in shares of iShares Semiconductor ETF by 8.9% during the third quarter. Lowery Thomas LLC now owns 947 shares of the exchange traded fund’s stock worth $218,000 after acquiring an additional 77 shares during the period.

iShares Semiconductor ETF Trading Down 1.5 %

Shares of SOXX stock opened at $201.47 on Wednesday. The firm has a fifty day moving average price of $216.21 and a 200 day moving average price of $220.26. The company has a market cap of $11.66 billion, a P/E ratio of 28.79 and a beta of 1.34. iShares Semiconductor ETF has a 12 month low of $189.11 and a 12 month high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, March 21st. Investors of record on Tuesday, March 18th will be paid a dividend of $0.2611 per share. The ex-dividend date of this dividend is Tuesday, March 18th.

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).