Kingswood Wealth Advisors LLC Reduces Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Kingswood Wealth Advisors LLC reduced its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 4.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,701 shares of the exchange traded fund’s stock after selling 78 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares Semiconductor ETF were worth $420,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Olistico Wealth LLC purchased a new position in shares of iShares Semiconductor ETF in the second quarter worth about $155,000. Lynx Investment Advisory purchased a new position in iShares Semiconductor ETF in the 2nd quarter worth approximately $817,000. Fragasso Financial Advisors Inc boosted its holdings in shares of iShares Semiconductor ETF by 19.6% during the 2nd quarter. Fragasso Financial Advisors Inc now owns 1,358 shares of the exchange traded fund’s stock worth $335,000 after purchasing an additional 223 shares during the last quarter. Mather Group LLC. grew its position in shares of iShares Semiconductor ETF by 1,987.5% in the second quarter. Mather Group LLC. now owns 334 shares of the exchange traded fund’s stock valued at $75,000 after purchasing an additional 318 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares Semiconductor ETF in the second quarter valued at approximately $40,000.

iShares Semiconductor ETF Stock Performance

Shares of SOXX stock traded down $5.71 on Wednesday, hitting $199.29. 5,264,582 shares of the stock traded hands, compared to its average volume of 3,907,999. The firm’s 50-day moving average price is $242.78 and its two-hundred day moving average price is $226.09. The stock has a market capitalization of $12.56 billion, a PE ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a twelve month low of $144.40 and a twelve month high of $267.24.

iShares Semiconductor ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were paid a $0.3103 dividend. This represents a $1.24 annualized dividend and a dividend yield of 0.62%. The ex-dividend date of this dividend was Tuesday, June 11th.

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).