Concurrent Investment Advisors LLC Purchases 491 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Concurrent Investment Advisors LLC grew its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 5.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,882 shares of the exchange traded fund’s stock after acquiring an additional 491 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares Semiconductor ETF were worth $1,914,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Compass Financial Services Inc purchased a new position in shares of iShares Semiconductor ETF in the 4th quarter worth approximately $25,000. Global Trust Asset Management LLC purchased a new position in shares of iShares Semiconductor ETF in the 3rd quarter worth approximately $27,000. RPg Family Wealth Advisory LLC purchased a new position in shares of iShares Semiconductor ETF in the 3rd quarter worth approximately $33,000. Truvestments Capital LLC purchased a new position in shares of iShares Semiconductor ETF in the 3rd quarter worth approximately $35,000. Finally, Hollencrest Capital Management boosted its holdings in shares of iShares Semiconductor ETF by 56.1% in the 3rd quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 60 shares during the period.

iShares Semiconductor ETF Stock Performance

Shares of iShares Semiconductor ETF stock opened at $223.95 on Friday. The stock has a 50 day moving average price of $221.97 and a 200-day moving average price of $222.68. iShares Semiconductor ETF has a one year low of $192.87 and a one year high of $267.24. The stock has a market cap of $13.86 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $0.3578 per share. The ex-dividend date was Tuesday, December 17th.

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).