GM Advisory Group LLC Boosts Position in iShares Semiconductor ETF (NASDAQ:SOXX)

GM Advisory Group LLC raised its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 40.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,907 shares of the exchange traded fund’s stock after buying an additional 26,622 shares during the period. iShares Semiconductor ETF comprises 1.5% of GM Advisory Group LLC’s investment portfolio, making the stock its 22nd largest position. GM Advisory Group LLC owned 0.15% of iShares Semiconductor ETF worth $22,667,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SOXX. BNP Paribas Financial Markets lifted its position in shares of iShares Semiconductor ETF by 354.2% during the first quarter. BNP Paribas Financial Markets now owns 1,427,465 shares of the exchange traded fund’s stock worth $322,493,000 after purchasing an additional 1,113,176 shares in the last quarter. Global Assets Advisory LLC acquired a new stake in shares of iShares Semiconductor ETF during the first quarter valued at about $107,385,000. Strategic Financial Concepts LLC increased its position in shares of iShares Semiconductor ETF by 14,795.3% during the second quarter. Strategic Financial Concepts LLC now owns 264,988 shares of the exchange traded fund’s stock worth $654,000 after acquiring an additional 263,209 shares during the last quarter. Mirae Asset Securities USA Inc. acquired a new position in shares of iShares Semiconductor ETF in the second quarter worth about $61,658,000. Finally, Twin Tree Management LP boosted its holdings in iShares Semiconductor ETF by 57,508.5% in the first quarter. Twin Tree Management LP now owns 222,369 shares of the exchange traded fund’s stock valued at $50,238,000 after purchasing an additional 221,983 shares during the last quarter.

iShares Semiconductor ETF Stock Up 4.3 %

Shares of NASDAQ SOXX opened at $226.99 on Friday. The business has a 50 day moving average price of $225.65 and a two-hundred day moving average price of $229.16. iShares Semiconductor ETF has a fifty-two week low of $144.40 and a fifty-two week high of $267.24. The firm has a market cap of $14.30 billion, a PE 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).