Concorde Asset Management LLC Sells 496 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Concorde Asset Management LLC lessened its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 37.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 812 shares of the exchange traded fund’s stock after selling 496 shares during the period. Concorde Asset Management LLC’s holdings in iShares Semiconductor ETF were worth $200,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Valeo Financial Advisors LLC lifted its position in shares of iShares Semiconductor ETF by 0.8% during the 2nd quarter. Valeo Financial Advisors LLC now owns 5,481 shares of the exchange traded fund’s stock valued at $1,352,000 after buying an additional 45 shares in the last quarter. White Lighthouse Investment Management Inc. boosted its position in shares of iShares Semiconductor ETF by 2.7% in the second quarter. White Lighthouse Investment Management Inc. now owns 1,686 shares of the exchange traded fund’s stock worth $416,000 after purchasing an additional 45 shares during the period. Clear Investment Research LLC boosted its position in shares of iShares Semiconductor ETF by 13.2% in the second quarter. Clear Investment Research LLC now owns 411 shares of the exchange traded fund’s stock worth $101,000 after purchasing an additional 48 shares during the period. Franklin Resources Inc. increased its stake in shares of iShares Semiconductor ETF by 2.7% in the fourth quarter. Franklin Resources Inc. now owns 1,895 shares of the exchange traded fund’s stock worth $1,092,000 after purchasing an additional 49 shares in the last quarter. Finally, Herbst Group LLC raised its position in shares of iShares Semiconductor ETF by 0.3% during the 2nd quarter. Herbst Group LLC now owns 14,493 shares of the exchange traded fund’s stock valued at $3,574,000 after purchasing an additional 49 shares during the period.

iShares Semiconductor ETF Stock Performance

SOXX opened at $226.99 on Friday. The stock has a market cap of $14.30 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. The firm’s fifty day moving average is $225.65 and its 200 day moving average is $229.16. iShares Semiconductor ETF has a fifty-two week low of $144.40 and a fifty-two week high of $267.24.

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).