Princeton Capital Management LLC cut its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 18.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 668 shares of the exchange traded fund’s stock after selling 152 shares during the period. Princeton Capital Management LLC’s holdings in iShares Semiconductor ETF were worth $303,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in SOXX. Paragon Wealth Strategies LLC purchased a new stake in iShares Semiconductor ETF in the 2nd quarter valued at $30,000. Rice Partnership LLC acquired a new stake in iShares Semiconductor ETF in the 1st quarter valued at about $30,000. Ameritas Investment Company LLC acquired a new stake in shares of iShares Semiconductor ETF during the 1st quarter worth about $31,000. Optimum Investment Advisors lifted its holdings in shares of iShares Semiconductor ETF by 192.5% during the 2nd quarter. Optimum Investment Advisors now owns 117 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 77 shares during the period. Finally, Bbva USA purchased a new position in shares of iShares Semiconductor ETF during the 2nd quarter worth about $62,000.
NASDAQ:SOXX traded down $2.07 during trading hours on Tuesday, hitting $455.32. The stock had a trading volume of 20,050 shares, compared to its average volume of 1,059,367. iShares Semiconductor ETF has a 1-year low of $286.18 and a 1-year high of $478.19. The business has a 50 day simple moving average of $456.80 and a two-hundred day simple moving average of $437.10.
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).
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