Bright Financial Advisors Inc. Takes Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Bright Financial Advisors Inc. bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the second quarter, according to the company in its most recent filing with the SEC. The firm bought 3,067 shares of the exchange traded fund’s stock, valued at approximately $756,000. iShares Semiconductor ETF makes up approximately 0.5% of Bright Financial Advisors Inc.’s investment portfolio, making the stock its 26th biggest position.

A number of other institutional investors also recently modified their holdings of SOXX. XTX Topco Ltd raised its holdings in shares of iShares Semiconductor ETF by 11.3% in the second quarter. XTX Topco Ltd now owns 1,517 shares of the exchange traded fund’s stock valued at $374,000 after buying an additional 154 shares during the last quarter. Lokken Investment Group LLC increased its stake in shares of iShares Semiconductor ETF by 20.8% in the 2nd quarter. Lokken Investment Group LLC now owns 7,196 shares of the exchange traded fund’s stock valued at $1,775,000 after acquiring an additional 1,240 shares during the last quarter. Waterloo Capital L.P. acquired a new stake in iShares Semiconductor ETF in the second quarter worth $412,000. Mercer Global Advisors Inc. ADV lifted its holdings in iShares Semiconductor ETF by 1.8% during the second quarter. Mercer Global Advisors Inc. ADV now owns 1,456,901 shares of the exchange traded fund’s stock worth $345,674,000 after acquiring an additional 25,596 shares in the last quarter. Finally, L & S Advisors Inc bought a new stake in iShares Semiconductor ETF during the 2nd quarter worth approximately $282,000.

iShares Semiconductor ETF Stock Down 1.1 %

Shares of NASDAQ:SOXX opened at $217.72 on Thursday. The firm has a market cap of $13.72 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 12 month low of $144.40 and a 12 month high of $267.24. The company’s fifty day simple moving average is $226.24 and its 200 day simple moving average is $229.17.

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).