Kayne Anderson Rudnick Investment Management LLC Has $383,000 Stake in iShares Semiconductor ETF (NASDAQ:SOXX)

Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 840.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,551 shares of the exchange traded fund’s stock after buying an additional 1,386 shares during the quarter. Kayne Anderson Rudnick Investment Management LLC’s holdings in iShares Semiconductor ETF were worth $383,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Financial Synergies Wealth Advisors Inc. grew its holdings in shares of iShares Semiconductor ETF by 200.0% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 114 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 76 shares in the last quarter. Transcendent Capital Group LLC bought a new position in iShares Semiconductor ETF in the 2nd quarter valued at about $31,000. LRI Investments LLC acquired a new position in shares of iShares Semiconductor ETF in the 1st quarter valued at approximately $33,000. BOK Financial Private Wealth Inc. lifted its holdings in shares of iShares Semiconductor ETF by 200.0% during the 1st quarter. BOK Financial Private Wealth Inc. now owns 150 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 100 shares during the period. Finally, Tortoise Investment Management LLC acquired a new stake in shares of iShares Semiconductor ETF during the 4th quarter worth approximately $36,000.

iShares Semiconductor ETF Price Performance

Shares of SOXX opened at $224.54 on Tuesday. The firm has a 50 day simple moving average of $224.21 and a two-hundred day simple moving average of $229.06. iShares Semiconductor ETF has a one year low of $144.40 and a one year high of $267.24. The company has a market cap of $14.15 billion, a P/E 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).