Beacon Financial Planning Inc. Buys 550 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Beacon Financial Planning Inc. grew its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 4.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,945 shares of the exchange traded fund’s stock after buying an additional 550 shares during the period. iShares Semiconductor ETF accounts for approximately 1.5% of Beacon Financial Planning Inc.’s portfolio, making the stock its 16th largest holding. Beacon Financial Planning Inc.’s holdings in iShares Semiconductor ETF were worth $2,574,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its stake in iShares Semiconductor ETF by 2.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,244,540 shares of the exchange traded fund’s stock worth $286,979,000 after acquiring an additional 24,055 shares during the last quarter. D.A. Davidson & CO. grew its holdings in shares of iShares Semiconductor ETF by 15.3% during the third quarter. D.A. Davidson & CO. now owns 4,618 shares of the exchange traded fund’s stock worth $1,065,000 after purchasing an additional 613 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of iShares Semiconductor ETF by 410,509.7% in the third quarter. International Assets Investment Management LLC now owns 15,225,408 shares of the exchange traded fund’s stock worth $3,510,827,000 after purchasing an additional 15,221,700 shares during the last quarter. Beaumont Financial Advisors LLC raised its stake in iShares Semiconductor ETF by 2.1% in the third quarter. Beaumont Financial Advisors LLC now owns 3,545 shares of the exchange traded fund’s stock valued at $818,000 after purchasing an additional 73 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its position in iShares Semiconductor ETF by 47.3% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,960,000 shares of the exchange traded fund’s stock valued at $682,546,000 after purchasing an additional 950,000 shares during the last quarter.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ:SOXX opened at $216.40 on Wednesday. The company’s fifty day moving average price is $220.68 and its 200-day moving average price is $222.91. The firm 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 has a one year low of $192.87 and a one year high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced 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 was Tuesday, December 17th.

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).