Legend Financial Advisors Inc. Has $14.10 Million Stock Position in iShares Semiconductor ETF $SOXX

Legend Financial Advisors Inc. reduced its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 7.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,017 shares of the exchange traded fund’s stock after selling 4,008 shares during the quarter. iShares Semiconductor ETF comprises about 8.6% of Legend Financial Advisors Inc.’s investment portfolio, making the stock its 3rd largest holding. Legend Financial Advisors Inc. owned 0.10% of iShares Semiconductor ETF worth $14,103,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of SOXX. First Horizon Corp bought a new stake in iShares Semiconductor ETF during the third quarter worth approximately $646,000. 17 Capital Partners LLC lifted its position in shares of iShares Semiconductor ETF by 21.1% during the 2nd quarter. 17 Capital Partners LLC now owns 1,863 shares of the exchange traded fund’s stock valued at $445,000 after acquiring an additional 324 shares during the last quarter. Concurrent Investment Advisors LLC lifted its position in shares of iShares Semiconductor ETF by 34.3% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 14,167 shares of the exchange traded fund’s stock valued at $3,841,000 after acquiring an additional 3,616 shares during the last quarter. Analyst IMS Investment Management Services Ltd. boosted its stake in shares of iShares Semiconductor ETF by 4.6% during the 3rd quarter. Analyst IMS Investment Management Services Ltd. now owns 159,111 shares of the exchange traded fund’s stock worth $43,138,000 after acquiring an additional 6,953 shares in the last quarter. Finally, CW Advisors LLC grew its holdings in shares of iShares Semiconductor ETF by 140.5% in the 2nd quarter. CW Advisors LLC now owns 3,530 shares of the exchange traded fund’s stock worth $843,000 after acquiring an additional 2,062 shares during the last quarter.

iShares Semiconductor ETF Stock Up 1.8%

Shares of iShares Semiconductor ETF stock opened at $352.69 on Tuesday. iShares Semiconductor ETF has a 12-month low of $148.31 and a 12-month high of $363.80. The firm has a market capitalization of $21.27 billion, a PE ratio of 31.84 and a beta of 1.51. The stock’s fifty day moving average is $317.95 and its 200-day moving average is $285.19.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a $0.4363 dividend. This represents a $1.75 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Tuesday, December 16th.

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). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.