ProVise Management Group LLC Reduces Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

ProVise Management Group LLC lessened its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 12.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,680 shares of the exchange traded fund’s stock after selling 240 shares during the quarter. ProVise Management Group LLC’s holdings in iShares Semiconductor ETF were worth $414,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Tortoise Investment Management LLC acquired a new stake in shares of iShares Semiconductor ETF in the 4th quarter worth $36,000. Parallel Advisors LLC raised its stake in iShares Semiconductor ETF by 712.5% during the fourth quarter. Parallel Advisors LLC now owns 65 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 57 shares during the period. Carolinas Wealth Consulting LLC purchased a new position in iShares Semiconductor ETF during the fourth quarter worth about $52,000. Vima LLC purchased a new position in iShares Semiconductor ETF during the fourth quarter worth about $55,000. Finally, Creekmur Asset Management LLC purchased a new position in iShares Semiconductor ETF during the fourth quarter worth about $57,000.

iShares Semiconductor ETF Price Performance

Shares of SOXX stock opened at $223.67 on Friday. The firm’s 50-day moving average is $224.92 and its two-hundred day moving average is $229.12. iShares Semiconductor ETF has a 12 month low of $144.40 and a 12 month high of $267.24. The company has a market capitalization of $14.09 billion, a PE ratio of 10.60 and a beta of 1.34.

About iShares Semiconductor ETF

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).