Legend Financial Advisors Inc. Decreases Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Legend Financial Advisors Inc. reduced its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 1.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 50,014 shares of the exchange traded fund’s stock after selling 494 shares during the period. iShares Semiconductor ETF makes up 7.6% of Legend Financial Advisors Inc.’s investment portfolio, making the stock its 4th biggest position. Legend Financial Advisors Inc. owned about 0.08% of iShares Semiconductor ETF worth $10,777,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in SOXX. Bank of New York Mellon Corp lifted its stake in iShares Semiconductor ETF by 34.4% in the second quarter. Bank of New York Mellon Corp now owns 5,398 shares of the exchange traded fund’s stock worth $1,331,000 after purchasing an additional 1,382 shares during the last quarter. National Bank of Canada FI boosted its stake in shares of iShares Semiconductor ETF by 32.3% during the second quarter. National Bank of Canada FI now owns 12,943 shares of the exchange traded fund’s stock valued at $3,192,000 after purchasing an additional 3,161 shares during the period. Private Advisor Group LLC grew its holdings in shares of iShares Semiconductor ETF by 28.3% in the second quarter. Private Advisor Group LLC now owns 36,047 shares of the exchange traded fund’s stock worth $8,890,000 after purchasing an additional 7,956 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in shares of iShares Semiconductor ETF by 14,795.3% in the second quarter. Strategic Financial Concepts LLC now owns 264,988 shares of the exchange traded fund’s stock worth $654,000 after buying an additional 263,209 shares during the period. Finally, PFG Investments LLC boosted its position in iShares Semiconductor ETF by 3.8% during the 2nd quarter. PFG Investments LLC now owns 15,660 shares of the exchange traded fund’s stock valued at $3,862,000 after buying an additional 569 shares during the period.

iShares Semiconductor ETF Trading Down 1.4 %

Shares of SOXX stock traded down $3.12 during mid-day trading on Tuesday, reaching $225.79. The stock had a trading volume of 3,693,151 shares, compared to its average volume of 3,219,211. The firm has a market capitalization of $14.46 billion, a PE ratio of 10.60 and a beta of 1.34. The stock’s 50-day moving average price is $219.94 and its two-hundred day moving average price is $227.18. iShares Semiconductor ETF has a 52-week low of $181.81 and a 52-week high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.3578 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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).