Zhang Financial LLC Has $565,000 Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Zhang Financial LLC reduced its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 14.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,620 shares of the exchange traded fund’s stock after selling 451 shares during the period. Zhang Financial LLC’s holdings in iShares Semiconductor ETF were worth $565,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. City Holding Co. raised its position in iShares Semiconductor ETF by 3.6% in the fourth quarter. City Holding Co. now owns 6,635 shares of the exchange traded fund’s stock valued at $1,430,000 after purchasing an additional 233 shares during the last quarter. RoundAngle Advisors LLC acquired a new position in shares of iShares Semiconductor ETF in the fourth quarter valued at approximately $757,000. Kelly Financial Services LLC raised its holdings in iShares Semiconductor ETF by 4.6% in the 4th quarter. Kelly Financial Services LLC now owns 23,282 shares of the exchange traded fund’s stock valued at $5,018,000 after buying an additional 1,026 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in iShares Semiconductor ETF during the 4th quarter worth approximately $205,000. Finally, Selective Wealth Management Inc. grew its holdings in iShares Semiconductor ETF by 15.5% during the 4th quarter. Selective Wealth Management Inc. now owns 1,877 shares of the exchange traded fund’s stock worth $411,000 after acquiring an additional 252 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ SOXX opened at $229.74 on Tuesday. The firm has a 50 day moving average price of $219.40 and a two-hundred day moving average price of $225.44. The stock has a market cap of $14.82 billion, a P/E ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 52-week low of $189.81 and a 52-week high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $0.3578 dividend. 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).