Cedar Wealth Management LLC Sells 50 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Cedar Wealth Management LLC reduced its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 4.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 975 shares of the exchange traded fund’s stock after selling 50 shares during the period. Cedar Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $240,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SOXX. Financial Synergies Wealth Advisors Inc. increased its holdings in iShares Semiconductor ETF by 200.0% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 114 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 76 shares during the period. Transcendent Capital Group LLC bought a new stake in shares of iShares Semiconductor ETF in the second quarter valued at about $31,000. LRI Investments LLC bought a new stake in shares of iShares Semiconductor ETF in the first quarter valued at about $33,000. BOK Financial Private Wealth Inc. grew its holdings in iShares Semiconductor ETF by 200.0% during the 1st quarter. BOK Financial Private Wealth Inc. now owns 150 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 100 shares in the last quarter. Finally, Tortoise Investment Management LLC purchased a new position in iShares Semiconductor ETF during the 4th quarter valued at about $36,000.

iShares Semiconductor ETF Stock Performance

NASDAQ:SOXX opened at $226.99 on Friday. The firm has a 50-day simple moving average of $225.65 and a 200-day simple moving average of $229.16. iShares Semiconductor ETF has a one year low of $144.40 and a one year high of $267.24. The firm has a market cap of $14.30 billion, a P/E ratio of 10.60 and a beta of 1.34.

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).