Mount Yale Investment Advisors LLC Increases Stake in iShares Semiconductor ETF (NASDAQ:SOXX)

Mount Yale Investment Advisors LLC lifted its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 5.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,969 shares of the exchange traded fund’s stock after buying an additional 979 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in iShares Semiconductor ETF were worth $4,678,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tortoise Investment Management LLC purchased a new stake in iShares Semiconductor ETF in the 4th quarter worth $36,000. Parallel Advisors LLC lifted its position in shares of iShares Semiconductor ETF by 712.5% in the fourth quarter. Parallel Advisors LLC now owns 65 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 57 shares in the last quarter. Carolinas Wealth Consulting LLC purchased a new stake in shares of iShares Semiconductor ETF in the fourth quarter worth about $52,000. Vima LLC bought a new position in iShares Semiconductor ETF during the fourth quarter valued at approximately $55,000. Finally, Creekmur Asset Management LLC purchased a new position in iShares Semiconductor ETF during the 4th quarter valued at approximately $57,000.

iShares Semiconductor ETF Price Performance

NASDAQ:SOXX opened at $223.67 on Friday. The company has a market cap of $14.09 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 1 year low of $144.40 and a 1 year high of $267.24. The stock’s 50 day simple moving average is $224.92 and its two-hundred day simple moving average is $229.15.

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).